Healthcare Insights
Top 20 New Jersey physician groups by Medicare charges
New Jersey has nearly 5,000 physician groups, some of which have over 6,000 physicians within their network—and thus considerable purchasing power.
U.S. physician groups can be appealing targets for those looking to sell into the healthcare space. With so many groups operating in New Jersey alone, vendors should strategically prioritize targets using real-world data. One metric that can be used to better understand a physician group is their Medicare charges, as it provides insight into their patient volume and average procedural cost.
With help from Definitive Healthcare’s PhysicianGroupView, we have created a list of the top physician groups in New Jersey based on their total Medicare charges.
| Rank | Definitive ID | NJ physician group name | Main specialty | Medicare charges | # of physicians | Explore dataset |
|---|---|---|---|---|---|---|
| 1 | 703832 | Hackensack Meridian Health Physicians (FKA Hackensack Meridian Health Medical Group) | Internal Medicine | $4,430,579,442 | 6,815 | Explore |
| 2 | 597090 | RWJBarnabas Health Medical Group | Internal Medicine | $4,168,112,855 | 6,508 | Explore |
| 3 | 1059625 | Kessler Rehabilitation Center | Surgery - Orthopedic Surgery | $2,975,855,563 | 2,915 | Explore |
| 4 | 955383 | Summit Health (FKA Summit Medical Group) | Internal Medicine | $1,007,101,714 | 1,484 | Explore |
| 5 | 621188 | New Jersey Urology (FKA Urology Care Alliance) | Internal Medicine | $919,198,040 | 1,275 | Explore |
| 6 | 1044553 | Princeton Health | Internal Medicine | $735,662,229 | 955 | Explore |
| 7 | 1043817 | Jefferson Health New Jersey Physicians | Internal Medicine | $638,739,952 | 947 | Explore |
| 8 | 1032511 | Cooper University Health Care Physicians | Hospitalist | $587,276,543 | 1,264 | Explore |
| 9 | 955477 | AtlantiCare Physicians (FKA AtlantiCare Physician Group) | Internal Medicine | $585,378,684 | 771 | Explore |
| 10 | 981210 | CenterState Healthcare System Physicians (FKA CenterState Healthcare Partners LLC) | Internal Medicine | $580,100,778 | 489 | Explore |
| 11 | 653531 | Valley Medical Group | Internal Medicine | $522,285,111 | 835 | Explore |
| 12 | 1023148 | St Josephs Health Physicians | Internal Medicine | $518,026,784 | 1,043 | Explore |
| 13 | 680858 | Holy Name Health System Physicians (FKA Holy Name Medical Partners) | Internal Medicine | $497,544,045 | 788 | Explore |
| 14 | 680886 | Northeast Regional Epilepsy Group | Obstetrics/Gynecology | $454,140,946 | 1,164 | Explore |
| 15 | 845298 | Atlantic Health Physicians (FKA Atlantic Medical Group) | Internal Medicine | $424,367,806 | 1,115 | Explore |
| 16 | 1057316 | Hunterdon Health Physicians | Family Practice | $373,473,387 | 409 | Explore |
| 17 | 552283 | Virtua Medical Group | Family Practice | $365,009,324 | 810 | Explore |
| 18 | 871980 | Regional Cancer Care Associates | Oncology - Hematology/Oncology | $356,403,341 | 73 | Explore |
| 19 | 638735 | NJ Retina | Ophthalmology | $315,206,003 | 53 | Explore |
| 20 | 1001979 | Saint Clares Health Physicians | Internal Medicine | $312,081,268 | 418 | Explore |
Fig. 1 Data is from the Definitive Healthcare PhysicianGroupView product. Data is sourced from Definitive Healthcare’s proprietary research and CMS Physician Compare. Data accessed September 2024.
Which New Jersey physician group has the highest Medicare charges?
The physician group in New Jersey with the highest Medicare charges is Hackensack Meridian Health Physicians, with more than $4.4 billion in total charges. The physicians within this group have the most nationally ranked specialties among all NJ health systems, based on rankings by U.S. News & World Report.
The second-largest physician group in New Jersey is RWK Barnabas Health Medical Group, with $4.1 billion in Medicare charges. They are New Jersey’s largest integrated healthcare delivery system and cover a wide range of specialties.
Finally, Kessler Rehabilitation Center rounds out the top three highest-earning New Jersey physician groups with $2.9 billion in Medicare charges. Their main specialty is orthopedic surgery.
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Our Healthcare Insights are created using healthcare commercial intelligence from Definitive Healthcare. To explore more insights or use the platform’s data to power a more effective sales strategy, start a free trial now.
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