Physician-owned practices outperforming hospital peers: Report

In 2021, physicians in physician-owned practices outproduced their hospital peers in six of the seven measured specialties, according to Medical Group Management Association’s September 2022 report, “Performance and Practices of Successful Medical Groups.”

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Here’s the median work relative value unit production in physician-owned practices as a percentage of wRVU production in hospital-owned practices in 2021:

Specialty

Percentage

Cardiology 

105.6 percent

Family medicine

126.1 percent

Internal medicine

94.2 percent

Orthopedic surgery

111.1 percent

Radiology

108 percent

General surgery

106.5 percent

Urology

103.7 percent

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