Survey Measures Perceptions and Benefits of Various Practice Models
Irvine, CA – June 10, 2015 – Kareo, the leading provider of cloud-based solutions for independent medical practices, today announced it has released a survey, in partnership with the American Academy of Private Physicians (AAPP). This survey seeks to gain a better understanding of independent physicians’ perceptions around various payment models, including private pay, concierge and traditional fee-for-service. The results of the survey will be released at the AAPP 2015 Fall Summit, taking place September 25-26 in Washington D.C.
Industry Research has shown that many independent physicians are moving toward concierge and direct-pay models to off-set the burden of slow reimbursements from traditional plans like Medicare and third-party payers. This year, Kareo partnered with AAPP to investigate this trend more broadly, seeking to understand the challenges and benefits of each payment structure. Furthermore, this survey seeks to determine if a hybrid practice model, which takes into account various payment models, could solve issues of contention that physicians have with their current practice model.
“Kareo’s mission to help ease the administrative burdens of running a practice aligned perfectly with the goal of this survey,” said Tom Blue, Chief Strategy Officer of AAPP. “The information we will gain from this survey is invaluable to furthering our understanding around what physicians are using which payment models, and why.”
“We are very excited to partner with the AAPP for this survey as we work together to understand the needs of independent physicians across the country,” said Rob Pickell, Chief Strategy Officer of Kareo. “It is our hope that the insights gleaned from this survey will allow Kareo to expand our offerings to better support all practice models.”
Healthcare providers and those who manage their practices can access the survey through the following link for a chance to win an Apple Watch, an iPad, or a one year AAPP membership: Private Practice Model Perspective 2015.
Kareo is the only cloud-based medical office software and services platform purpose-built for small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated solution of products and services designed to help physicians get paid faster, find new patients, run their business smarter, and provide better care. Our practice management software, medical billing solution, practice marketing tools and free, award-winning fully certified EHR help more than 30,000 medical providers more efficiently manage the business and clinical sides of their practice. Kareo has received extensive industry recognition, including the Deloitte Technology Fast 500, Inc. 500/5000, Red Herring Top 100 Company, and Black Book #1 Integrated EHR, Practice Management and Billing Vendor. Headquartered in Irvine, California, the Kareo mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.
About American Academy of Private Physicians
The American Academy of Private Physicians (AAPP) is a nonprofit organization founded in 2003 for the purpose of supporting and fueling the growth of medical practices that provide “concierge” and other forms of personalized, value-based medical care. AAPP members are united by their common efforts and dedication to making medical care more accessible and convenient to patients by redefining and re-pricing medical services in ways that are not possible for medical practices that rely solely on insurance payers for their revenue.