Economic Uncertainty and IT Among Major Concerns of Medical Practice Managers
07/15/2008
The Medical Group Management Association, or MGMA, recently released results of a member survey about the challenges facing medical group managers. The top five challenges the organization's members named were:
- Maintaining physician compensation in an environment of declining reimbursement.
- Dealing with operating costs that are rising more rapidly than revenue.
- Selecting and implementing an electronic health record system.
- Recruiting physicians.
- Managing finances with the uncertainty of Medicare reimbursement rates.
Approximately 1,400 members responded to the survey, which was conducted online in March 2008. MGMA is based in Englewood, Colo.
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