With Revenues Squeezed, PCPs Warm Up to Value-Based Care
The COVID-19 pandemic is proving especially challenging for the primary care business, but as a result of the crisis, the head of one primary care trade group says her membership is open to working with insurers to leave behind fee-for-service, visit-based billing and enter value-based payment agreements.
However, that requires the survival of primary care practice groups. According to primary care provider trade group Primary Care Collaborative (PCC), an April 24 survey of its membership found that eight in 10 responding PCPs were in “severe” or “close to severe” financial trouble because of COVID-19.
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