Practice Management
Private practice physicians face unique challenges outside of the realm of caring for patients. The article will serve as a guide for these physicians in dealing with vendor contracts. EHR vendor contracts are just one of the many contracts physicians must either work with their office manager -- or work alone -- to establish. According to TMA's 2014 Survey Report on Electronic Health Records, 81 percent of physicians who responded currently use or plan to implement EHRs in their practice. Other contracts include IT services, phone systems, waste management, billing or CPA, employment contracts, and PQRS vendor contracts. According to TMA HIT Director Shannon Vogel, physicians don't thoroughly read contracts before signing them, and they often agree to 'Terms and Conditions' too easily, feeling unable to change the conditions once they are in writing. As a result, she says, many get stuck for years in an agreement that behooves the vendor, not the physician.