How Family Practice Associates protects its independence
To compete in today’s value-based-care market, many physician practices give up their independence. Research commissioned by The Physicians Foundation found that only 35% of physicians describe themselves as independent practice owners, down from 49% in 2012 and 62% in 2008.
But we find a different story at Family Practice Associates, one of the largest independent family practice groups in central Kentucky. How this practice remains competitive – while maintaining its independence – is the subject of a new video:
The integrated suite of Allscripts Professional EHRTM, Allscripts Practice ManagementTM and Allscripts FollowMyHealth® patient portal helped the group earn $375,000 in Meaningful Use incentive payments, improve net collections to 98%, and enroll 20% of its patients in the portal in less than a year.
“Family Practice Associates has always been a very independent organization and wants to remain that way,” Administrator Craig Gillispie said. “It’s important for us to be as efficient as possible and to be on the forefront of new emerging payment models. Allscripts is helping us to do that.”
To learn more, download this free case study.