Primary Care Payment Trends: 2023 vs 2024
Primary Care Payment Practices: Slight Improvement Observed in 2024 (68.6/100 vs 67.2/100)
The Comparison
- 2023: A study encompassing 18 companies within the primary care sector yielded an average payment practice score of 67.2 out of a possible 100. This reflects the payment performance of primary care organizations.
- 2024: A similar assessment of 20 companies in 2024 revealed a slightly improved average score of 68.6 out of 100. The increase suggests a marginal overall shift in payment behavior within the sector.
What This Means
The 1.4-point increase in average payment practice scores, while positive, indicates a relatively small advancement in payment efficiency and timeliness. The modest gains could be attributed to various factors, but the overall picture suggests primary care organizations are not experiencing a dramatic overhaul in their payment processes from the payer's perspective. If late invoices are impacting your organization, use our late payment calculator to understand the true cost.
One-Line Summary: Payment practices in primary care showed a marginal improvement, moving from an average score of 67.2/100 in 2023 to 68.6/100 in 2024.
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