A Medical Group is a team of doctors, nurses, and other health professionals who provide care for their patients. They may be part of a Health Plan or independent Physician Association.
A medical group can be a small practice with several doctors or a large organization with hundreds of doctors. These groups work with insurance companies to make sure that their patients get the care they need and that the care is affordable.
They can also help you find the right doctor to take care of your needs if you haven’t already found one. This is important, because you don’t want to go to the wrong doctor or be left without a doctor.
The Medical Group is an integral component of a Health System that strives to improve patient care and experience. Increasingly, as healthcare systems grapple with an ever-changing political, regulatory and payment landscape, their success is increasingly tied to their ability to deliver quality care that is accessible and affordable to all consumers.
Medical Groups are the operational and execution arm of a health system’s strategic agenda, and they are critical to driving clinical, financial and operational performance. High-performing medical groups optimize provider productivity, increase capacity, reduce leakage, ensure timely access, drive value and engage physicians.
However, many medical groups struggle to achieve market distinction due to collective-action problems that limit the number of physicians willing to assume leadership roles in the group. This is especially true if group leaders are not compensated for their efforts to create and operate the group.