CareCloud and QuantiaMD recently released their 2nd annual Practice Profitability Index (PPI), a study crafted to measure U.S. physician practices on issues impacting their financial and operational health.
Since last year’s PPI, certain healthcare reform initiatives have begun affecting providers, like the introduction of the Affordable Care Act, the transition to ICD-10 and the meeting of Meaningful Use Stage 2 guidelines. These regulatory pressures stand to impact practice operations. Thus, the PPI again engaged with more than 5,000 physicians nationwide to take the pulse of their practices’ financial health — and the results are impacting.
These regulatory pressures, in addition to the ongoing decline in reimbursement rates and the uptick in administrative burdens, stand to have significant impact on how physician practices operate.
Year-Over-Year Highlights
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