Hardware Budget

by Larry Emmott on November 5, 2006

in General,Hardware,Management

The following budget suggestions come from Sally McKenzie 

Without a budget, the cash outlay for technology can quickly become overwhelming for the doctor and the practice. But how much is enough? I recommend that practices set aside about 5% of their annual gross revenues for both business and clinical technology.

            On the business side, the typical budget would be about 1.5%. At that level, practices should be able to purchase the following:

              1.. New computer hardware every 36 to 48 months.

              2.. Practice management software, regular updates, and unlimited telephone support.

              3.. On-site professional technical hardware and network installation and maintenance.

              4.. A minimum of 16 hours of on-site software training annually.

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