Private or physician-owned medical groups outperformed their hospital- and integrated delivery system-owned counterparts, according to a recent Medical Group Management Association (MGMA) survey.
"Not-hospital/IDS-owned medical groups reported a slight increase in total relative value units (RVUs) per patient (0.09%) and a nearly 13% increase in work RVUs per patient," the MGMA said in a press release on its "Cost Survey for Multispecialty Practices: 2010 Report Based on 2009 Data." "Multispecialty groups that were hospital/IDS-owned reported a slight decrease in total RVUs per patient (0.55%) and a 17.85% decrease in work RVUs per patient."
Survey data for non-hospital/IDS-owned groups shows:
- Operating costs per physician increased by nearly 2% since last year
- Revenue after operating costs per physician decreased 0.16%
- Staff and provider cost comprised 76% of total costs
- The number of patients per provider decreased by 9% over the last five years
Data for hospital/IDS-owned groups shows:
- Operating costs per physician decreased by 0.37% from 2008 to 2009
- Operating costs increased by 2.4%
- Staff and provider costs in 2009 comprised 89% of total costs
- A 9% increase in patients seen per provider over the last five years