Staff, Technology Investments Help Practices Shift to Value-Based Care

Nearly 75 percent of primary care practice leaders have invested in additional staff to accommodate the shift to value-based care, while 71 percent have added new technology. However, primary care leaders shifted in both directions during the pandemic. The share of practices with less than 5 percent of revenue tied to value-based performance grew from 23 percent to 28 percent. Meanwhile, the share of practices with 75 percent to 100 percent of revenue tied to value-based arrangements increased from 6 percent to 9 percent. Since 2019, practices have gained more experience with value-based care. The percentage of primary care groups with more than five years of participation in a value-based arrangement grew from 41 percent in 2019 to 53 percent in 2022.