financially struggling medical practices
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Black Book Research Warns Gov. Regs and Lousy EHRs are Driving Independent Medical Practices into Extinction
Press Release |
Black Book Market Research |
June 13, 2016
Two-thirds of independent practices now deliberately selling out to hospital systems and larger groups or closing down by 2019 as the resource-intensive requirements of MIPS, administrative burdens, and under-optimized technology may make the transition to value-based care too discouraging...Despite small practice education, training and technical assistance programs promised from CMS to help onboard physicians with the MACRA programs, 89% of the remaining solo practices expect to minimize Medicare volumes as to not be required to submit reports for the quality and clinical practice improvement activities or report in the cost performance category.
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