A Unique Perspective
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Medical Group Operations and Finance
AMGA's Medical Group Operations and Finance Survey is unlike any other in the market today. It is the only comprehensive survey delving into the financial and operational performance of large, multispecialty medical groups—with 80% of the data coming from medical groups with more than 150 providers. This annual survey can help medical groups optimize their practice’s staffing and cost structures with data delineated in a variety of ways, including a focused comparison of private practice and integrated health system data. It includes an expansive list of benchmarks, such as:
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Operational overhead staffing by functional area and role
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Revenue cycle metrics
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Patient access/scheduling metrics
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Telehealth services data
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Financial performance from high-level summary metrics to line item detail
There are multiple metrics in these areas, with data presented per physician, per provider, and per 10,000 wRVUs, and highlighting the distinction between system-affiliated and independent practices.
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Purchase Access
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Online Data Portal
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Participate
Data collected within this survey are focused on the most relevant metrics for clinic operations, including overall financial performance, patient access, revenue cycle, and clinic/department-specific staffing and financial data. Participating groups receive additional benefits like custom benchmarks and discounts on online access.
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Questions
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Guiding Your Medical Group Performance
According to our survey data, the median loss (or investment) per physician for all groups (both employed and private practice) is more than $190,000. This figure can often create turmoil between physicians and administrators within medical groups, and many organizations are ill equipped to find ways to “decrease the overall losses” of the medical group or simply don’t know where to begin. To address these challenges, AMGA Consulting has created several services designed to help healthcare organizations drive operational performance, including:
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Clinic Financial Gap Analysis
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Practice Optimization Assessment and Implementation
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Patient Access Assessment and Implementation
With AMGA Consulting, you’ll benefit from senior leaders with a proven playbook to drive operational performance and feel confident you’ve partnered with the right organization to guide your financial performance.
Join AMGA
To take advantage of significant discounts on these survey reports, we encourage you to consider joining AMGA as a medical group member or corporate partner today.
Inquiries about membership can be sent to Jessica Prior, director, membership at jprior@amga.org or 703.838.0033 ext. 392.