TQ Teleconnection- 2017 August 


Physician practices bemoan skyrocketing cost of IT maintenance

Physician office IT costs are rising as much as $2,000 to $4,000 more per physician compared with the prior – totalling $14,000 to $19,000 annually per doctor, depending on specialty, according to the 2017 MGMA DataDive Cost and Revenue Survey released this past week by the Medical Group Management Association.

Between 2015 and 2016, operating expenses for practices increased at nearly the same rate as revenue, according to the survey.

Those costs – which include purchased IT (maintenance of electronic health records and patient portals, for instance) and contracted expenses for upkeep of hardware and software – are less for hospital-owned practices, however.

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Healthcare IT News (7/24/17) 

Mike Miliard