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

Rank	Definitive ID	Physician group name	Location	Number of physicians	Medicare payments
1	1047395	HCA Florida Healthcare Physicians	Sebring, FL	7,338	$1,912,537,943
2	92755	HealthCare Partners IPA	Garden City, NY	5,048	$1,226,862,845
3	551855	Florida Cancer Specialists and Research Institute	Fort Myers, FL	279	$795,015,214
4	1001828	HCA West Florida Physicians	Tampa, FL	2,396	$759,491,149
5	553058	Texas Oncology	Dallas, TX	768	$622,856,925
6	550737	Hill Physicians Medical Group	Walnut Creek, CA	3,591	$589,902,656
7	705013	Select Physical Therapy	King Of Prussia, PA	2,758	$502,058,937
8	752078	Beaumont Health Physicians	Westland, MI	3,115	$447,969,169
9	550489	Northwell Health Physician Partners	Plainview, NY	4,721	$409,137,740
10	550420	Mayo Clinic Physicians	Rochester, MN	5,375	$402,525,291
11	551835	Christus Trinity Clinic (AKA Rusk Street Clinic)	Tyler, TX	2,401	$367,685,729
12	717580	Ascension Medical Group	Indianapolis, IN	4,448	$347,540,396
13	577713	NYU Langone Health Physicians	Staten Island, NY	3,460	$337,298,120
14	746511	CHRISTUS Physician Group	Coushatta, LA	2,051	$333,831,127
15	550719	Brown & Toland Physicians	San Francisco, CA	2,441	$316,939,292
16	550635	Texas Health Physicians Group	Arlington, TX	2,077	$312,758,014
17	1007685	Piedmont Healthcare Physicians	Athens, GA	2,130	$307,767,309
18	551390	Mount Sinai Doctors	New York, NY	3,260	$307,349,492
19	550231	Allina Health System Physicians	Minneapolis, MN	2,346	$283,379,686
20	550339	Geisinger Health Physicians	Danville, PA	3,694	$279,118,558
21	552341	Renaissance Physician Organization	Houston, TX	1,385	$273,096,172
22	552252	Baptist Health Medical Group	Lexington, KY	2,070	$271,720,285
23	550707	AdventHealth Medical Group	Maitland, FL	2,329	$271,643,020
24	781018	Medical Associates of New York	New York, NY	2,729	$270,321,677
25	552273	IPA of Nassau & Suffolk Counties	Commack, NY	719	$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.

Learn more

Healthcare Insights are developed with healthcare commercial intelligence from the Definitive Healthcare platform. Want even more insights? Start a free trial now and get access to the latest healthcare commercial intelligence on hospitals, physicians and other healthcare providers.