Practice execs stress over EMR, cash
ENGLEWOOD, CO– Selecting and implementing an EHR system is among the top concerns physician practice managers list in a new survey by the Medical Group Management Association.
According to the research, the top five major challenges of running a group practice are:
• Maintaining physician compensation in an environment of declining reimbursement;
• Dealing with operating costs that are rising more rapidly than revenue;
• Selecting and implementing a new electronic health record system;
• Recruiting physicians;
• Managing finances with the uncertainty of Medicare reimbursement rates.