Study: Patient-Centered Medical Homes Have Higher Operating Costs, Revenues
Physician practices that became patient-centered medical homes reported higher operating costs compared to non-PCMH practices, according to the Medical Group Management Association's "Cost Survey for Primary Care Practices: 2013 Report Based on 2012 Data."
The higher operating costs can be attributed to the greater number of providers and staff that a PCMH need in order to be efficient and successful, according to a news release. In the survey, PCMH's had a median of 29 full-time-equivalent support staff members per 10,000 patients, while non-PCMH practices had 18.5 total support staff FTEs for the same number of patients.
PCMH practices also reported higher total medical revenue per patient than practices that are not a PCMH, according to the survey data.
The survey includes data on 969 total groups.
More Articles on Patient-Centered Medical Homes:
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How One Payer is Working to Make Patient-Centered Medical Homes Thrive
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