Balancing Budget and Need for Updates: The Struggles of Keeping Physician Practices Alive
The world of healthcare embracing the digital world has been a very well celebrated move. This move has helped so many people in so many ways. It allowed people to stay at home and be safe during the pandemic. It allows people in rural areas to connect to specialists far away without all of the travel. And it has been a huge benefit to everyone with mobility issues. Knowing that they can get immediate access to their doctors without the physical toll it would usually take.
It’s hard to see reports of the astronomical costs of American healthcare and not become immediately desensitized to the enormity of it all. In 2021, fueled somewhat by the pandemic, American healthcare costs topped $4.3 trillion (membership required). By 2028, that number could surpass $6 trillion.
Like many other industries, the healthcare business in North Texas has been robust over the years, with unprecedented growth and a diversified economy helping to lift all boats in the region. Corporate relocations, relatively inexpensive housing, and a business-friendly climate have led to a booming economy that has weathered recent…