If you’ve been feeling the pressure to expand your group practice, you’re certainly not alone.
In the current financial landscape, growth provides much-needed economies of scale and can yield greater leverage with payers; but without the proper tools, preparation and partners, on-boarding new physicians can be a huge and risky problem.
Join us for this webinar, where we’ll discuss:
• The reasons behind the current growth trend at group practices
• Why efficient, standardized workflow across your organization is essential
• 7 pitfalls to avoid when expanding your health care group
• Why nimble, cloud-based services are ideal for smooth implementation
Register today and have the right information to grow your practice.
#1 Strategy to Drive Successful Growth:
On-board new providers without major capital expenditure.
It may sound obvious, but the less capital you need to expend in order to grow, the better. Installing, maintaining and upgrading a conventional, software-based EHR can be a significant expense: more than $46,000 per physician over the first year, according to a 2011 Health Affairs study.1
An alternative to consider is the cloud-based service model, where there are no upgrade costs and your investment in hardware and IT maintenance staff is significantly reduced. With the cloud-based service model, all providers access a single instance of software on a network that’s fully maintained and regularly updated—for free—by the service provider.
“The Financial And Nonfinancial Costs Of Implementing Electronic Health Records In Primary Care Practices,” Neil S. Fleming, et al, Health Affairs, March, 2011, http://content.healthaffairs.org/content/30/3/481.abstract.