United States Medical Group Practice Management Industry Report 2023: As Health Expenditure Steadies, Revenue Growth will Slow to 1.2% in 2023 - Forecasts to 2028


Dublin, Oct. 26, 2023 (GLOBE NEWSWIRE) -- The "Medical Group Practice Management in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.

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's key players and their market shares.

An increasing concentration of healthcare providers nationwide has expanded revenue at a CAGR of 2.5% to an estimated $461.7 billion over the past five years. As health expenditure steadies, revenue growth will slow to 1.2% in 2023.

Medical group practice management has expanded as more physicians integrate into more extensive multispecialty networks. Burdened by medical school debt and seeking regular hours, more young physicians opt out of private practices, joining health systems or medical groups instead. Joining larger practices like medical groups offer several advantages.

Consolidated systems have the power to improve patient outcomes, create efficiencies and secure higher prices in payer-provider negotiations.

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.

Key Topics Covered:

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


OPERATING CONDITIONS

  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS

  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY

For more information about this report visit https://www.researchandmarkets.com/r/7q71oh

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