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Western groups continue to outperform the rest of United States
With physician groups under tremendous pressure to deliver high-quality patient care in an increasingly competitive and regulated environment, practice leaders are eager for any insight into what makes a practice financially successful.
Industry compensation and cost surveys show that, nationally, most groups are facing a situation in which costs are outpacing revenues and compensation levels are beginning to flatten out. The latest evidence: The AMGA 2007 Medical Group Compensation and Financial Survey reveals that most medical groups operated at an average loss of $119 per physician during 2006.