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Better Performing Practices Spend More
Better performing medical practices spend almost 9% more on their operations than their peers according to a new report released by the Medical Group Management Association (MGMA). These same practices enjoyed higher revenues and physician compensation compared to the average.
Based on 2019 data (pre-COVID), the “2020 Performance and Practices of Successful Medical Groups” report provides an in-depth look at how medical practices are performing in four key categories:
- Operations
- Profitability
- Productivity
- Value
Continue reading at healthcareittoday.com
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