Medical Practices Spending More on Support Staff
Medical practices are beefing up their business operations staff to help improve efficiency in their daily operations. A recent report from the Medical Group Management Association (MGMA) found that medical practices are spending more on their business operations staff. The report found a 4.6% increase from 2013 to 2014 in the amount of money practices spent on their total business operations staff per full-time equivalent physician.
According to MGMA, the increase could be due to practices “placing greater value on employing staff with expertise in the business of care delivery and their ability to strategically align the business and clinical functions of the organization.”