Healthcare Insights

Top 25 physician groups by Medicare payments

Physician groups are critical to patient care as hospitals continue to compete with growing demand for outpatient facilities like retail clinics and surgery centers. Complementing but dissimilar to traditional inpatient hospitals, physician groups occupy a unique place in the care continuum.

How are physician groups and hospitals different?

Physician group practices offer outpatient rather than inpatient services, giving them greater flexibility in operational concerns such as operating hours, service offerings and geographical coverage.

However, their small size can also be a detriment. Smaller practices are not able to offer the same number of services a hospital can, leading to smaller revenue pools and greater risk of understaffing. Lack of revenue can also make it harder to implement new technologies, including electronic health record (EHR) systems.

For these and other reasons, hospitals and health systems are increasingly willing to purchase or partner with local physician groups. These relationships ensure that patient referrals remain in-network, which can stem revenue loss.

The Definitive Healthcare PhysicianGroupView product tracks over 126,000 groups. Below is a list of the top 25 physician groups based on the highest Medicare payments. This data is sourced from the Centers for Medicare and Medicaid (CMS) Public Use File (PUF) and aggregates provider data at the physician group level.

Top 25 physician groups with the highest Medicare payments

RankDefinitive IDPhysician group nameLocationNumber of physiciansMedicare paymentsExplore dataset
11047395HCA Florida Healthcare PhysiciansSebring, FL7,338$1,912,537,943 Explore
292755HealthCare Partners IPAGarden City, NY5,048$1,226,862,845 Explore
3551855Florida Cancer Specialists and Research InstituteFort Myers, FL279$795,015,214 Explore
41001828HCA West Florida PhysiciansTampa, FL2,396$759,491,149 Explore
5553058Texas OncologyDallas, TX768$622,856,925 Explore
6550737Hill Physicians Medical GroupWalnut Creek, CA3,591$589,902,656 Explore
7705013Select Physical TherapyKing Of Prussia, PA2,758$502,058,937 Explore
8752078Beaumont Health PhysiciansWestland, MI3,115$447,969,169 Explore
9550489Northwell Health Physician PartnersPlainview, NY4,721$409,137,740 Explore
10550420Mayo Clinic PhysiciansRochester, MN5,375$402,525,291 Explore
11551835Christus Trinity Clinic (AKA Rusk Street Clinic)Tyler, TX2,401$367,685,729 Explore
12717580Ascension Medical GroupIndianapolis, IN4,448$347,540,396 Explore
13577713NYU Langone Health PhysiciansStaten Island, NY3,460$337,298,120 Explore
14746511CHRISTUS Physician GroupCoushatta, LA2,051$333,831,127 Explore
15550719Brown & Toland PhysiciansSan Francisco, CA2,441$316,939,292 Explore
16550635Texas Health Physicians GroupArlington, TX2,077$312,758,014 Explore
171007685Piedmont Healthcare PhysiciansAthens, GA2,130$307,767,309 Explore
18551390Mount Sinai DoctorsNew York, NY3,260$307,349,492 Explore
19550231Allina Health System PhysiciansMinneapolis, MN2,346$283,379,686 Explore
20550339Geisinger Health PhysiciansDanville, PA3,694$279,118,558 Explore
21552341Renaissance Physician OrganizationHouston, TX1,385$273,096,172 Explore
22552252Baptist Health Medical GroupLexington, KY2,070$271,720,285 Explore
23550707AdventHealth Medical GroupMaitland, FL2,329$271,643,020 Explore
24781018Medical Associates of New YorkNew York, NY2,729$270,321,677 Explore
25552273IPA of Nassau & Suffolk CountiesCommack, NY719$268,436,100 Explore

Fig. 1 Data is from the Definitive Healthcare PhysicianGroupView product. Physician group data is sourced from proprietary research and aggregated from provider Public Use File (PUF) data. Data accurate as of May 2022.

Which physician groups receive the most Medicare payments?

HCA Florida Healthcare Physicians receives the highest amount of Medicare payments at nearly $2 billion based on the most recent data. HealthCare Partners IPA in New York had just over $1.2 billion in Medicare payments.

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