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

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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