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Fact Based List:
Becker's: Value-Based Payment Increased Regulatory Burdens
Submitted By gmccalister, Created 10/19/2022 - 12:21
- 66% of respondents said the move toward value-based payment in Medicare or Medicaid has increased the regulatory burden on their practice, while 10% said it has not.
- 64% of respondents said the move toward value-based payment in Medicare or Medicaid has not improved the quality of care for their patients, while 20% said it has.
- 63% of respondents said the overall move toward paying physicians based on value has not been successful to date, while 14% said it has.
Source: MGMA via Becker's ASC Review, October 12, 2022
Source URL: https://www.beckersasc.com/asc-coding-billing-and-collection...
Notes: Responses from executives representing more than 500 group practices according to the Medical Group Management Association's "Annual Regulatory Burden Report."