Healthcare IT News April 22, 2024
Unable to claim payments, more than half of physician practice respondents in a new American Medical Association survey reported using personal funds to cover expenses, and 31% said they could not make payroll.
The ongoing impact of the February 21 Change Healthcare cyberattack and subsequent system outage threatens the sustainability of physician practices across the country, possibly resulting in closures, which could destabilize patient care in some areas, according to informal survey findings from the American Medical Association.
Practices of 10 physicians or less – the bulk of 1,400 survey respondents, or 78% – appear to be particularly hard hit, AMA said in an announcement last week, noting that, despite the challenges, practices show resilience, with only 15% indicating...
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