Value-based payment: Will it cover the cost of doing business?

Key Takeaways

• Value-based payment models aim to enhance healthcare quality and cost-efficiency, yet their financial sustainability for independent practices is uncertain.
• Physicians are cautious about adopting these models due to concerns over covering operational costs and financial risks.
• Barriers include financial risk, administrative burden, and insufficient incentives, deterring primary care practitioners from joining value-based models.
• Potential solutions involve providing better support, risk adjustment, and aligning incentives to encourage participation in value-based care.