AMA innovation arm spins out health IT practice management company: 4 notes 

Health2047, the American Medical Association's innovation enterprise, on April 12 unveiled its latest spinout company: Emergence Healthcare Group, a turnkey practice management and health IT group for independent practices. 

Four things to know: 

1. Emergence Healthcare's turnkey practice management platform lets physicians launch and manage new practices and perform administrative responsibilities including finding, designing and maintaining clinic space to hiring, training and managing non-clinical workers. 

2. The platform offers day-to-day administrative management systems for EHR; billing, collections and revenue cycle; marketing and advertising; reporting and analytics; and customer service. 

3. The new spinout comes as administrative responsibilities for physicians are increasing. Administrative tasks have grown to take up more than 20 percent of a physician's time and more than 50 percent of revenue, according to the AMA's news release. 

4. Emergence Healthcare Group is Health2047's sixth spinout company. 

 

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