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Practice Management System Market to Reach $247M by 2018

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.

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