Medical Group Practice Management in the US - Industry Market Research Report

Medical Group Practice Management

Over the five years to 2019, the Medical Group Practice Management industry grew as more physicians integrated into larger provider networks. Over the past decade, the traditional model of healthcare delivery has been gradually transforming. Burdened by medical school debt and seeking regular hours, more young physicians are opting out of private practices and instead joining hospitals or other medical groups. Moreover, the shift away from small practices is also being driven by growing concerns over rising healthcare costs, medical errors and changes in payment systems. In addition, with rising operating costs and reimbursement pressure, some older physicians have been selling their practices and moving into salaried jobs. Over the five years to 2024, industry revenue is forecast to rise, driven by healthcare reform provisions and aging demographics. There are several provisions, which are expected to support coordinated healthcare delivery, encouraging physicians and other providers to consolidate. For example, the implementation of electronic health records (EHRs) can be complicated for small healthcare providers without adequate financial and technical resources.

This industry comprises medical groups of physicians of various disciplines, including primary care physicians and specialist doctors. Medical group practices are defined as three or more physicians engaged in the practice of medicine as a legal entity sharing business management, facilities, records and personnel.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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