News Report | September 5, 2017
Independent Physician Practices Spend Over 200% More Per Physician On Health IT Than Hospital-Owned Practices
During 2015, independent physician practices spent over 200% more on health information technology (IT) than hospital-owned practices in the United States. Physician-owned practices spent a median of $19,000 per physician on health IT costs, while hospital-owned physician groups spent just under $8,000 per physician. Health IT costs include the cost of purchased IT services such as the maintenance of electronic health records (EHRs) and patient portals, as well as any contracted expenses for the repair of practice hardware and software needs.
These findings were reported in 2017 “DataDive Cost and Revenue Survey” by the Medical . . .