Primary Care Payment Trends: 2020 vs 2021
Primary Care Payment Practices: Barely Budging - Up Just 0.1 Points in 2021
The Comparison
Here's a direct comparison of payment practices in primary care between 2020 and 2021:
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Number of Companies Assessed: 2020 saw a sample size of 21 companies; this increased to 24 companies in 2021. This indicates a slightly broader data set, but without details on the selection process, the impact on representativeness remains unclear.
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Average Payment Score: The average payment score, based on a 100-point scale, was 64.5 in 2020. In 2021, this average score inched up to 64.6.
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Change in Score: The year-over-year change was a modest increase of 0.1 points.
What This Means
A marginal increase of 0.1 points suggests little to no substantive improvement in payment practices within primary care between 2020 and 2021, despite the larger sample size. This near-stagnation could indicate systemic challenges related to revenue cycle management, reimbursement complexities, or payer behavior that remained consistent across both years. For businesses facing late payments, consider using this late payment calculator to assess potential financial impacts.
Payment practices in primary care improved negligibly from an average score of 64.5 (21 companies) in 2020 to 64.6 (24 companies) in 2021.