The global practice management system market is expected to reach a value of $247.1 million by 2018, according to a Research and Markets report.
Practice management systems offer scheduling, patient registration, medical billing, data storage, claims management and reporting capabilities.
Major factors driving growth in the market include:
• High return on investment
• Growth in medication errors
• Government incentives
The physician segment of the market is the largest and fastest growing market sector.
More Articles on Coding and Billing:
4 Ways to Benefit From the ICD-10 Implementation Delay
3 Major Revenue Cycle Considerations in ASC-Hospital Joint Ventures
MediGain, Nextech Partner for EHR, Practice Management Solutions
Practice management systems offer scheduling, patient registration, medical billing, data storage, claims management and reporting capabilities.
Major factors driving growth in the market include:
• High return on investment
• Growth in medication errors
• Government incentives
The physician segment of the market is the largest and fastest growing market sector.
More Articles on Coding and Billing:
4 Ways to Benefit From the ICD-10 Implementation Delay
3 Major Revenue Cycle Considerations in ASC-Hospital Joint Ventures
MediGain, Nextech Partner for EHR, Practice Management Solutions