Nearly one-third of medical practices fell short of net revenue goals in FY 2016, poll finds

A number of healthcare organizations fail to hit their net revenue goals, according to a new Medical Group Management Association Stat poll.

The poll found 30.46 percent of medical practices fell short of their net revenue goals in fiscal year 2016, while 28.60 percent of medical practices exceeded their goals.

Additionally, 27.23 percent of medical practices reported being "on target," 5.68 percent reported "no budget," 4.41 percent were "unsure" and 3.62 percent said "not applicable."

The poll results are based on responses from more than 1,000 healthcare professionals across the country.

More articles on healthcare finance:

California hospital to close after takeover deal falls through
CHS on track to overcome financial troubles, says CEO
4 hospitals receive credit downgrades in past month