Medical practice professionals responding to MGMA-ACMPE’s fifth annual medical practice survey discussed some of the most glaring issues group practices face today.
Here are the top ten challenges noted from the survey of more than 1,250 respondents.
- Managing finances with the uncertainty of Medicare reimbursement rates.
- Preparing for reimbursement models that put greater financial risk on practices.
- Preparing for the transition to ICD-10.
- Dealing with rising operating costs.
- Participating in CMS’ electronic health record meaningful use incentive program.
- Understanding the total cost of an episode of care from the perspective of the payor.
- Collecting payment from high-deductible health plans and/or health savings account patients.
- Maintaining physician compensation levels.
- Managing group practice finances.
- Recruiting physicians.
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