How did independent physician practice profits change in the past year?

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Independent practice operating margins improved from 2017 to 2018, according to the AMGA 2019 Medical Group Operations and Finance Survey.

AMGA surveyed non-profit and for-profit medical groups across the U.S., representing over 15,300 full time providers.

Total profit per physicians in independent practices increased to $2,510 in 2018, up from $2,396 in 2017.

Integrated health systems lost less money per physician in 2018 than they did in 2017. In 2018, integrated health systems lost $201,042 per physician, compared to $243,918 lost per physician in 2017.

"The improvement of integrated systems is reflective of an industry-wide emphasis on improving financial performance,” said Fred Horton, AMGA president. "Across health care, integrated systems are feeling financially challenged, and as a result, are focusing on better management of their physician enterprises."

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