She notes that a new PwC Health Research Institute (HRI) report says while healthcare executives publicly praise the move to value-based care, “they privately drag their feet while they wait for a successful model to emerge before they take on the risk.”
Ms. MacDonald says that “One reason for their hesitancy–or what the authors described in the report as a ‘go-slow, dip-the-toe-in-the-water approach’–is the legitimate concern that revenue will decline in the early years of the transition.”
Ceci Connolly, HRI director, holds out hope, however. In Ms. MacDonald’s words, she says:
“It will take investment in strong data analytics, improvements in the care they provide and a culture change so all doctors, nurses and healthcare professionals truly operate as a team. But the organizations that have made these front-end investments and stuck with it are beginning to see their efforts pay off.”
