State of the Small Practice Infographic

Free EHR vendor, Practice Fusion, has put out their 2012 State of the Small Practice infographic and survey results. Here’s the infographic they created (click on the image to see it full size):
Infographic State of the Small Practice 2012

You can see the full press release about the 2012 State of the Small Practice Survey or read some of the key findings below:

  • 45 percent of doctors report that their practice is doing better this year compared to last year while 14 percent report that their practice is doing worse and 33 percent report no change.
  • In the 2011 State of the Small Practice Survey, only 26 percent reported that their practice was doing better than the year before, while 41 percent reported doing worse.
  • 60 percent of small practices report that new technology has made things easier.
  • 26 percent of practices use computers that are less than a year old. Thirty-eight percent report that the computers in their practice are over three years old, a major improvement from 73 percent the previous year. (Seven percent of practices have computers in the five to six-year-old range, down from 21 percent in 2011.)
  • An overwhelming 89 percent of doctors report being satisfied or extremely satisfied with their career despite challenges, a 20 percent increase from the year before.
  • Most practices ranked insurance and reimbursement as the top negative pressure (69 percent), followed by patient compliance issues (64 percent) and practice administration concerns (48 percent).
  • Positive trends are led by advancements in medicine (68 percent), patient compliance (53 percent) and improvement in the healthcare workforce (51 percent).

About the author

John Lynn

John Lynn

John Lynn is the Founder of the HealthcareScene.com, a network of leading Healthcare IT resources. The flagship blog, Healthcare IT Today, contains over 13,000 articles with over half of the articles written by John. These EMR and Healthcare IT related articles have been viewed over 20 million times.

John manages Healthcare IT Central, the leading career Health IT job board. He also organizes the first of its kind conference and community focused on healthcare marketing, Healthcare and IT Marketing Conference, and a healthcare IT conference, EXPO.health, focused on practical healthcare IT innovation. John is an advisor to multiple healthcare IT companies. John is highly involved in social media, and in addition to his blogs can be found on Twitter: @techguy.

1 Comment

  • Hi John:

    The numbers look way out of line from reality. If you go to the physician website, http://www.sermo.com it seems that all 150000 member physicians feel a sense of dread brought on by recent changes in Medicare, including threatened acute cutbacks (28% cut recently temporarily delayed again), to chronic cutbacks (loss of 2% per year due to cost-of living effects when we have little to no pay increases), to penalties (eventual 2% eRx, 2% PQRI, 5% MU), to now having to reapply due to “fraud and abuse” laws that lead to our accounts being frozen for up to 9 months (read: we see the patients but have no money coming in from Medicare) even if we do things correctly on-line.

    In my building alone, the next-door hospital who owns the land is buying up practices that are folding and/or are relocating. Even though my building is only 15 years old, 43% of practices have been sold and another 4 are on the selling block, which means that this summer the hospital will own 60-70% of physician offices. They are using the space to relocate their hospitalists.

    Where is the flaw in this article? Well they first define “small offices” as clinics with as many as 9 physicians, which is absurd. They also leave out the numerous offices with only 1 physician. This is an intentional way to skew the numbers and make things look like physicians are still happy even though insurance carriers and government (think: Obama and his HHS Secretary/witch Sebelius) are attacking them on all fronts.

    As physicians close their offices, they are forced to search for employment in hospitals or large offices, losing their control over their livelihood and destinies.

    What I wonder is why does Practice Fusion publish this data in this manner? They have nothing to gain by publishing junk data. I suspect that they simply have no clue and are trying to delude themselves and the public that healthcare is improving with the concept of meaningfully using an EHR.

    BTW, I did a grand rounds presentation last summer where in the final slide (#42) I show a graph of the slow demise of the [true] physician small office.

    URL: http://www.box.com/s/urr0eux55neet8bmgsgr

    Cheers,
    Al

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