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

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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