The results from MGMA’s “Cost Survey for Multispecialty Practices: 2010 Report Based on 2009 Data” have been released and it looks as if RVUs have experienced a slight increase from last year's data.
Over the last 5 years an almost 1% increase has been experienced by non-hospital/ IDS-owned medical groups in total RVUs, and almost 13% increase in work RVUs per patient.
Multi-specialty groups (hospital/IDS-owned) had slightly different results with just under 6% decrease in total RVUs and almost an 18% decrease in work RVUs per patient.
The report also provided specialty specific information. Family practice, Anesthesia and Orthopedic Surgery reported increases in total medical revenue after operating costs, while Cardiology, Pediatrics, Gastroenterology, and Urology reported decreases in the same category.
Over the last 10 years the study reports the average total operating costs as a percentage of total medical revenue increased over 3% for practices non-hospital/ IDS owned. Hospital/ IDS-owned practices' average total operating costs decreased almost by 1%.
Read the full article in Healthcare Finance News, or click here:
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