According to findings in AGMA’s 2011 Medical Group Compensation and Financial Survey, the only region where medical groups neared break even (-$27 per physician) was in the Western region.
The Northern region suffered a $10,669 loss per physician on average. Practices in the Southern region lost $1,870 on average, and practices in the Eastern region averaged a loss of $1,597 per physician.
According to Donald W. Fisher, PhD, CAE, president of the AGMA, many of these practices are able to remain viable by supplementing practice losses with non-clinical revenue sources or funding from associated health systems.
Read the AMGA release on medical group finances.
Related Articles From AMGA:
5 Medical Specialties With the Highest Median Compensation Increase from 2010-2011
5 Concerns With Proposed Rules for ACOs From AMGA
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
