The popular EHR software company will be charging its EHR System users a $100 monthly subscription fee starting this summer. If you were to ask anyone about the best EHR software for a new medical practice with low budget the most popular answer would have been Practice Fusion. Sadly, this is not the case anymore. According to reports, Practice Fusion EMR Software will soon be abandoning the very business model that lead to its wide acceptance among healthcare providers. It will be doing so by placing a $100 monthly subscription on all its users.
Interestingly, people are of the view that this would not have been the case if Practice Fusion hadn’t been acquired by Allscripts. This is because the decision to charge providers for using Practice Fusion EHR software came six weeks after it was acquired by Allscripts in an eyebrow $100-million deal.
Practice Fusion initially gained quite a traction in the Healthcare It industry of the USA by offering providers and practices a free EHR software. If you don’t know much about EHR Software, let us tell you that they really cost a lot. Thus it was a stark contrast to the other EHR software offerings in the market. SSO how the company gained money and kept its employees working for it? Simply by showing relevant pharmaceutical ads to users.
This was the case of the good old days. With reports from CNBC about Practice Fusion notifying practices that users will be required to pay for the software which would be nothing less than $100 per physician per month, things are inching towards the panic button for many.
Founder and former CEO Ryan Howard had previously stated that Practice Fusion would always be free, but he left the company in 2015 because the company was missing its financial goals. Practice Fusion has really been popular among small physician practices which include primary care physicians along with dermatologists. Also, Practice Fusion’s user base includes approximately 100,000 healthcare providers, so if you would just multiply it by the amount mentioned afore, you will get what the company is currently aiming at.
