Today’s practices are rapidly evolving, including the adoption of new medical practice technology to handle scheduling and billing, and electronic medical records to better manage patient care. Information technology cost per FTE physician rose from a reported median of $8,026 in 2012 to $9,323 in 2013 in single-specialty, primary care practices, according to the Medical Group Management Association (MGMA) 2014 Cost Survey. While the technology offers many benefits, many practices fail to invest or upgrade their technology given the direct cost to the practice’s bottom line. Unfortunately, practices without a strong technology infrastructure may be missing the opportunity to optimize their fee-for-service operations and/or successfully participate in value-based programs.
Consider engaging an outside expert, such as Continuum, to assess your needs and help equip your office with the best medical practice technology at discounted rates.
To learn tips on maximizing your practice’s IT investment, read more here.