Many physicians don't think the current fee-for-service model is aligned with providing high-quality healthcare and are cautiously optimistic about new payment models, according to a survey by Fidelity Investments and the National Business Group on Health.
Here are five findings:
1. Only 41 percent of physicians said the fee-for-service system is optimal for delivering positive patient outcomes.
2. Among physicians under 35 years, the figure drops to 28 percent.
3. Many physicians have some experience with a new payment model, with 55 percent of physicians saying that they participate in some form of an alternate payment model.
4. More than one-third of physicians participating in an alternate model have been doing so for more than three years.
5. Additionally, 80 percent of physicians would consider participating in a new payment model in the future.