Physician Practice IT Spending Up 27.8% in 5 Years

Practice Management

Information technology spending has grown 27.8 percent for physician group practices from 2008 to 2012, according to a Medscape report.

Citing numbers from the Medical Group Management Association cost survey, the report shows median spending on IT grew from $15,211 for each full-time physician in 2008 to $19,439 in 2012. Over the same period of time, inflation averaged 1.8 percent annually, compared to the annual IT spend growth of 5.6 percent.

Practices are now spending on computer hardware and software, telephones, paging and answering services, repair and maintenance and data processing services.

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