58% of medical practices say staffing is their biggest challenge heading into 2023

Statistic Info

Investing in technology and staff training are other essential steps medical practices can take to ensure they remain competitive. Technology can help facilitate communication between staff and patients, improve patient engagement, and streamline operations.

Author: MGMA

More Related Stats

Physician Practices

In 2022, 31.2% of physicians reported they had been sued at some point in their careers. An average of 61 claims had been filed per 100 physicians

Physicians spend nearly 2 hours daily dealing with EHRs outside of working hours

20% of patients can get same- or next-day appointments when self-scheduling is available, and more than 50% can see their physician within a week

Corporate-owned practices have grown by 25% as independent private practices are bought out or abandoned in favor of hospital or corporately owned practices

By 2034, the U.S. may face a shortage of up to 124,000 physicians

Between 21% & 61% of patients incur same-day costs while accessing supposedly free preventative care as part of the ACA’s free preventative care mandate

61% of Providers Plan to Outsource Revenue Cycle Management Tasks

Between 2019 and 2023, Medicare Advantage enrollment has grown by 2.1%

58% of Payers Use Outcomes-Based Contracts for Prescription Drugs

47% of physicians reported they are burned out, while 74% of health care executives felt burned out within the past six months

More 2022 Stats

In 2022, 31.2% of physicians reported they had been sued at some point in their careers. An average of 61 claims had been filed per 100 physicians

Physicians spend nearly 2 hours daily dealing with EHRs outside of working hours

Telehealth utilization rose 5.5% in December, up slightly from November, according to Fair Health’s national monthly tracker

52% of U.S. patients said healthcare providers dismiss their described symptoms

Researchers found that 8.3 million Medicare beneficiaries participated in a telehealth visit, & of these, 5% had one or more out-of-state telehealth visits

Telehealth, physician payment, training more doctors & pandemic preparedness are among the health care provisions in the federal government’s $1.7 trillion budget for 2023

The federal budget will extend incentive payments for alternative payment models for an additional year, through 2025. However, the incentive payments will be at 3.5% instead of 5%

Although specialty medications total roughly 2% of prescribed drugs, they account for more than 52% of all pharmacy spending

Nearly 40% of Americans are confused by medical bills

Federally-facilitated Exchange Improper Payment Rate Less Than 1% in Initial Data Release