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:
Study: PCMH Model Improves Patient Satisfaction
Highmark, St. Luke's University Health Partner for Patient-Centered Medical Home
How One Payer is Working to Make Patient-Centered Medical Homes Thrive
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
New from Becker's Hospital Review