Medical practices kept spending low in 2010

10/5/2011 | American Medical News (free content)

Lower expenditures on furniture, equipment and drugs drove the average cost of operating a medical practice down 2.2% in 2010, according to the Medical Group Management Association. However, spending on medical and surgical supplies and support staff grew by 7.4% and 4.8%, respectively. Many practices are deferring purchases and renegotiating contracts with vendors, supply companies and insurance carriers, MGMA President and CEO William Jessee said.

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American Medical News (free content)

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