Physician-owned practices spend $19k per physician on health IT: 4 key statistics

Laura Dyrda -  
Independent physician practices spent significantly more on health IT per physician than hospital-owned practices in 2015, according to MGMA's 2017 DataDive Cost and Revenue Survey.
Here are four things to know:
1. Independent physician practices spent 200 percent more per physician on health IT than hospital-owned practices, as reported in Open Minds.
2. The average physician-owned practice spent $19,000 per physician on health IT while hospital-owned practices spent nearly $8,000 per physician.
3. At multispecialty physician-owned practices with primary and specialty care, the health IT operating expense per full-time physician was $23,187, according to the MGMA 2016 Cost and Revenue Report.
4. Orthopedic surgery practices reported a 78.1 percent increase in IT general operating expenses from 2007 to 2015.

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