Posted in In The Know Series, MIPS, Practice Fusion EMR, Training

Allscripts bought Practice Fusion EHR?

Let me just start with saying that in the past 2 years Practice Fusion has improved significantly, From evolving their MIPS/MU reporting and dashboard to, as of October 2017, on becoming the CMS recognized Reporting Registry.

So, I was completely blindsided when I found out, from one of my single-provider clients, that Allscripts bought out Practice Fusion on January 8, 2018 for $100 million cash “monay”. LOL

Wow…..

To add more to this news the client also stated she has received an email from Allscripts with the new monthly subscription plan for using her PF EHR. What is the price? Well in her case – $500 for 1 provider per month. This is devastating news for this single-provider office. Considering that small practice office like hers does not have the high revenue in comparison to a mid size or big group, it will become a financial burden.

She is now considering other alternatives, which honestly is hard to find, since not all EHR/EMR’s out there in the market, are 2014 or 2015 Certified EHRs.

Now it’s your turn: is your practice using Practice Fusion? Will Allscripts buying PF affect the revenue in your practice?

Author:

My name is Kate Patskovska, CPB. I am an Independent Medical Biller CPB (AAPC) and an owner of KR2 Medical Billing. KR2 Medical Billing is a full service Consulting/Medical Billing Business that is dedicated to educating, consulting, and overall improving the "financial health" of your medical practice.

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