Here's why practices are seeking new management software — 31 statistics

A Software Advice analysis of 200 practices considering purchasing medical practice management software found 81 percent want software with scheduling capabilities, and 40 percent currently operate without any software at all.

Software Advice randomly selected prospective buyers from practices who contacted its advisors about medical practice management software between January 2017 and February 2018. The report was created based on those conversations.

Here are 31 statistics from the report.

Top requested practice management software features
1. Scheduling: 81 percent
2. Treatment plans, assessments and progress notes: 66 percent
3. Billing: 66 percent
4. Fully integrated EMR: 65 percent
5. Insurance coding/claim scrubbing and tracking: 51 percent
6. Custom templates: 38 percent
7. Documentation/patient information: 29 percent
8. E-prescribing: 27 percent
9. Appointment reminders: 26 percent
10. Reporting: 21 percent
11. Lab integration: 20 percent
12. Patient portal: 20 percent

Preference for integrated features
13. Billing and scheduling software: 76 percent
14. Scheduling software: 18 percent
15. Billing software: 6 percent

Monthly budgets for practice management software
16. Up to $200: 9 percent
17. Up to $300: 15 percent
18. Up to $400: 22 percent
19. Up to $500: 30 percent
20. Up to $600: 19 percent
21. More than $600: 5 percent

Top reasons for buying new software
22. New practice: 24 percent
23. Better organization/paperless options: 19 percent
24. Streamline billing: 16 percent
25. Current system is unreliable/poor customer support: 15 percent
26. Want an integrated solution: 15 percent
27. Save time/increase efficiency: 14 percent
28. Outgrown current system: 7 percent
29. Regulatory compliance: 5 percent
30. Want a more specialized solution: 5 percent
31. Want better mobile/remote options: 2 percent

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