Value-based care has resulted in medical cost savings, investments from commercial lines of business and an accelerated decline in fee-for-service, according to a Change Healthcare national research study.
The study, conducted by ORC International in April and commissioned by Change Healthcare, included a survey of 120 managed Medicare, managed Medicaid and commercially focused payers.
Here are six study findings:
1. Payers reported their value-based care strategies led to reducing unnecessary medical costs by 5.6 percent on average. Twenty-four percent of respondents reported medical cost savings of 7.5 percent or higher…