News

Patient-centered medical homes spend more, earn more


 

References

Patient-centered medical home practices spend about a third more per patient than non–medical home practices but earn nearly twice as much per patient after operating costs, the Medical Group Management Association reported.

Total operating costs for patient-centered medical home (PCMH) practices per patient in 2013 were, on average, $127, while non-PCMH practices spent $84 per patient. After operating costs, the total medical revenue for PCMH practices was $144 per patient, with non-PCMH practices earning $78 per patient – only 54% of what PCMH practices earned per patient, the MGMA said.

[DW] Cost and revenue per patient in primary care practices

Total medical revenue after operating costs among primary care single-specialty practices was highest in the Midwest at just over $199,000 per physician, with the South lowest at $54,000, according to the MGMA. While primary care physicians in the East earned the least, primary care practices in the East earned $165,000 per physician, more than triple the revenue in the South and twice as much as in the West, where total medical revenue was just under $82,000 per physician.

The MGMA data were collected from 2,518 medical groups that responded to an annual survey.

lfranki@frontlinemedcom.com

Recommended Reading

Survey: Many physicians plan to reduce their workload
MDedge Family Medicine
Congress poised to act on 2015 meaningful use full year reporting requirement
MDedge Family Medicine
CMS website snafu could lead to penalties for meaningful users
MDedge Family Medicine
Docs step up lobbying to extend Medicaid pay bump
MDedge Family Medicine
Health experts push flu vaccination for patients and providers
MDedge Family Medicine
Watchdog finds security lacking at healthcare.gov, two state marketplaces
MDedge Family Medicine
HHS: ACA drops uncompensated hospital care by $5.7B
MDedge Family Medicine
Members of Congress urge physician pay for end-of-life counseling
MDedge Family Medicine
Calif. ballot question would drug test docs after adverse event
MDedge Family Medicine
CMS releases data on $3.5B in industry payments to doctors, teaching hospitals
MDedge Family Medicine