The study was based on survey results from 5,064 physicians who provided their insights in March.
The study found 40 percent of physicians believe patient engagement programs such as population health efforts hold the greatest promise for practice performance in 2014.
Although physicians had a positive outlook concerning patient engagement, they had an opposite view on their practices’ profitability, with 39 percent of physicians having a negative outlook on the profitability of their practices. The majority of physicians (60 percent) said declining reimbursements was the biggest issue weighing on their finances followed closely by rising costs.
The study was sponsored by CareCloud, a cloud-based technology provider, in partnership with QuantiaMD, a social learning network for physicians.
More Articles on Patient Engagement:
4 Pillars of Patient Engagement
12 Practical Criteria for Managing Population Health and Controlling Costs
4 Ways Clinical Analytics Help Sustain a Successful ACO Model
