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Healthcare Insights

Top 15 Florida physician groups by Medicare charges

The state of Florida is home to nearly 11,000 physician groups, ranging in size from a single physician to over 8,000 members. It’s also the state with the second-highest number of physician group practices overall.

Examining a physician group’s Medicare charges provides insight into their overall productivity in terms of patients treated and the relative cost of procedures performed.

Using data from our PhysicianGroupView product, we’ve compiled a list of Florida’s top physician groups based on the highest total Medicare charges.

Florida physician groups with the highest Medicare charges

RankPhysician group nameMedicare charges# of physiciansDefinitive IDMain specialtyExplore dataset
1HCA Florida Healthcare Physicians$6,950,957,0648,1171047395Internal MedicineExplore
2Florida Cancer Specialists and Research Institute$2,725,341,731303551855Oncology - Hematology/OncologyExplore
3Bethesda Hospital East (FKA Bethesda Health Physician Group)$2,061,851,6723,898998629Internal MedicineExplore
4US Anesthesia Partners$1,716,302,6372,905552756Anesthesiology - AnesthesiologistExplore
5Baptist Health Medical Group$1,680,244,4713,150655318Internal MedicineExplore
6Orlando Health Physicians$1,647,449,4163,3981025289Internal MedicineExplore
7Sarasota Memorial Health Care System Physicians$1,565,471,4381,4141066967Internal MedicineExplore
8Cleveland Clinic Florida Physicians (FKA Indian River Medical Center Physicians)$1,109,375,6991,356750507Internal MedicineExplore
9NCH Healthcare System Physicians (FKA NCH Physician Group)$985,027,268876585275Internal MedicineExplore
10Baptist Health Physicians$916,879,6981,7771043617Family PracticeExplore
11AdventHealth Medical Group (FKA Florida Hospital Medical Group)$913,414,3132,541550707Family PracticeExplore
12Baptist Behavioral Health$810,331,8811,648801817Family PracticeExplore
13BayCare Medical Group$696,956,7991,468700946Emergency MedicineExplore
14BocaCare Physician Network$690,106,592775654856Internal MedicineExplore
15Intellirad Imaging LLC$672,462,0091,158760557Emergency MedicineExplore

Fig 1. Data is from PhysicianGroupView . Data is sourced from Definitive Healthcare’s proprietary research and CMS Physician Compare. Accessed February 2024.

What are the top Florida physician groups with the most Medicare charges?

HCA Florida Healthcare Physicians, based out of Sebring, Florida, is in first place on our list with $6.9 billion in Medicare charges. This physician group also has the most physicians with over 8,000 members. The practice is a single- and multi-specialty group with their primary specialty in internal medicine. HCA Florida Healthcare Physicians is also the top physician group in the nation by Medicare payment volume.

Florida Cancer Specialists and Research Institute is second on the list with $2.7 billion in Medicare charges. Based out of Fort Myers, it is also a single- and multi-specialty group with a primary specialty in hematology/oncology.

Interestingly, Florida Cancer Specialists and Research Institute has nearly 7,800 fewer physicians than HCA Florida Healthcare Physicians. The number of physicians ranges considerably across the list of 15 groups- from 303 to 8,117 physicians.

Boynton Beach-based Bethesda Hospital East is slightly behind in the number-three spot with $2 billion in Medicare charges.

Every physician group on this list is a single/multi-specialty group, which indicates that the organization uses its premises and resources to offer patients at least one or more types of care.

What is a physician group?

A physician group (also known as a physician medical group) practice is comprised of at least one physician operating as an organization to provide care to patients.  Physician group types include private practices (i.e. a solo physician owns and manages their own office), or group practices (i.e. two or more physicians administer care within the same facility). Group practices can be classified as single-specialty and multi-specialty.

While physicians can work exclusively at a physician group practice, it’s common for physicians to be also employed by another organization such as a hospital. Some organizations operate only one location, while other physician groups run hundreds of facilities.

What are the advantages and disadvantages of a group medical practice?

When medical groups are larger in size, they are able to reach a broader patient population and can take on greater financial and clinical risk (e.g. treating higher-risk patients or performing more specialized procedures).

Physicians who are a part of an independent physician group can enjoy greater scheduling flexibility, more financial security, and better employee benefits.

Although operating as a group can be a more reliable choice for physicians than entering solo practice, a physician group may not provide as much administrative support or cover financial risks in the way that larger institutions like hospitals can.

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