Multispecialty practices made the most revenue per physician in 2021 compared with other physician practice sites, according to Medical Group Management Association's Sept. 2022 report, "Performance and Practices of Successful Medical Groups."
Here's how they stack up:
Type of practice |
2022 revenue |
Primary care |
$607,396 |
Nonsurgical specialty |
$628,477 |
Surgical specialty |
$635,295 |
Multispecialty |
$700,699 |