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Survey: Small Medical Practice Confidence Index Rises in 2012
Date:1/24/2012

SAN FRANCISCO, Jan. 24, 2012 /PRNewswire/ -- Forty-five percent of doctors in small or medium-sized practices report that their practice is doing better this year compared to last according to a survey released today by Practice Fusion, the free, web-based Electronic Medical Record (EMR) company. The second annual State of the Small Practice report also showed that technology has made things easier for over 60 percent of US medical providers in private practice. Administrative costs, insurance and reimbursement issues continue to be major burdens in a rapidly changing health care climate defined by government reform, technology mandates and an unfavorable nationwide economy.

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Key Findings:

  • 45 percent of doctors report that their practice is doing better this year compared to last year while 14 percent report that their practice is doing worse and 33 percent report no change.
  • In the 2011 State of the Small Practice Survey, only 26 percent reported that their practice was doing better than the year before, while 41 percent reported doing worse.
  • 60 percent of small practices report that new technology has made things easier.
  • 26 percent of practices use computers that are less than a year old. Thirty-eight percent report
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SOURCE Practice Fusion
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