MGMA Report Reveals Extent of COVID-19 Impact on Financial Health of Physician and Hospital-Owned Medical Practices

Medical Group Management Association

Medical Group Management Association published a new data report illustrating significant differences in how physician-owned medical practices and hospital-owned medical practices weathered the pandemic and are navigating the economic recovery. The report, “Medical Practice Ownership and COVID-19: A Tale of Two Recoveries,” is based on the “2021 MGMA Cost and Revenue” survey report, which analyzes data collected from more than 4,000 organizations reflecting a variety of specialties and practice types in the United States.

This data report reveals key trends, paired with expert insights from industry leaders and MGMA member feedback, to evaluate the history of healthcare’s 2020 pandemic response and guide practice leaders as they strategize for the post-pandemic future in 2022 and beyond. Read more.

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