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.

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