- According to a new survey from the Medical Group Management Association (MGMA), physician-owned, multispecialty practices reported an 11.87% increase on operating costs associated with technology since last year, spending about $20,000 per full-time physician.
- Such spending increased by 33.92% since 2010, according to the survey of 3,120 physician groups.
- The association attributed the spending increase on technology in part on the impact the meaningful use programs has had on individual practices.
“As technology continues to evolve, medical practices must likewise also evolve,” commented Dr. Halee Fischer-Wright, CEO of MGMA, in a prepared statement. “The way patients ask for and receive care is changing. The increased use of technology can improve the quality of patient care by improving records management, optimizing workflow and meeting HIPAA compliancy requirements.”
According to Health Data Management, MGMA did not assess EHR satisfaction levels among practices.