Veradigm Survey: Independent Practices Rely on Technology to Stay Independent

Key Takeaways

• 79% say technology essential to stay independent
• 57% want better automation for major improvement
• 68% lack real‑time revenue‑cycle visibility
• 62% feel prepared for value‑based care models
• Administrative burden remains top barrier to VBC participation

Pulse Analysis

Independent physicians are confronting a perfect storm of rising overhead, shrinking reimbursements and mounting paperwork. The Veradigm survey shows that nearly eight in ten practices consider technology the linchpin for staying autonomous, signaling a shift away from consolidation as the default growth strategy. Solutions that streamline prior authorizations, documentation and billing are no longer optional add‑ons; they are core to preserving the business model of solo and small‑group clinics.

Revenue‑cycle management emerges as the second critical frontier. While 68% of respondents report only moderate or limited real‑time insight into their accounts‑receivable, nearly half are grappling with higher claim‑denial volumes and delayed notifications. Automation tools that provide instant denial alerts and analytics can curb revenue erosion, improve cash flow, and free clinicians to focus on care delivery rather than chasing payments. Vendors that deliver end‑to‑end visibility stand to capture a sizable market share among practices desperate for financial stability.

Readiness for value‑based care is surprisingly high, with 62% of practices feeling prepared for risk‑based contracts, yet operational constraints—especially administrative load—still impede participation. Enhanced data sharing, quality‑measure tracking and payer‑collaboration platforms are needed to turn willingness into measurable outcomes. As payers increasingly tie reimbursement to performance, independent practices that invest in interoperable, analytics‑driven technology will be better positioned to thrive in the evolving reimbursement landscape.