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Health IT costs are on the rise as physician practices continue to adopt and optimize electronic health records (EHRs), according to a recent cost survey report published by the Medical Group Management Association (MGMA).

Health IT costs are on the rise as physician practices continue to adopt and optimize electronic health records (EHRs), according to a recent cost survey report published by the Medical Group Management Association (MGMA).

Since 2008, medical practices’ annual expenditures per full-time-equivalent (FTE) physician for information technology costs have climbed 27.8 percent, from a median of $15,211 in 2008 to a reported $19,439 in 2012, according to the report.

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Source: MGMA Survey: Health IT Costs Climbing at Physician Practices

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