Cost containment is one of the most important issues facing private practice physicians today. The price of supplies, increasing staffing costs and declining reimbursements all affect your bottom line, as does the constant need to update computer equipment and software. In fact, a 2016 Medical Group Management Association survey revealed that physicians spend $32,500 per year on healthcare technology alone.
Luckily, there are a few things you can do to tackle rising costs. These tips just may help you keep your costs down this year.