MMP Announces Annual Radiology Survey Results with Statistics for Practice Payor Mix, Annual Procedures and Work RVUs 08/08/2011

Atlanta, Ga. – August 8, 2011 – Medical Management Professionals, Inc. (MMP) recently conducted its tenth annual physician survey to obtain beneficial radiology industry data for practice payor mix percentages, procedure statistics, work RVUs and retirement/benefits plans from hospital-based radiology practices. Since 2001, MMP has been extracting relevant client data from its internal database in an effort to survey its clients and provide them with a state-of-the-industry snapshot. This year, the company reviewed data from both shareholder and non-shareholder physicians in radiology practices it works with. Below is a listing of averaged MMP client data by category that was compiled from 2010.

 
Category #1 - Radiology Practice Data
MMP cited average 1) payor mix percentages, 2) annual practice procedures and 3) work RVUs per full time equivalent employees (FTEs).

Practice Averages:
  • Payor Mix:
    • Medicare: 37%
    • Medicaid: 8%
    • Champus/Tricare: 2%
    • Workers Compensation: 1%
    • BCBS: 17%
    • Managed Care: 13%
    • Commercial: 11%
    • Self Pay: 8%
    • Other: 4%
  • Procedures:
    • Annual procedures: 218,146
  • Work RVUs:
    • Total FTEs: 10.8
    • Total Work RVUs: 135,993
 

Category #2 – Shareholder Data
MMP cited the number of shareholder FTEs and the average retirement benefits shareholders receive:

  • Number of shareholders FTEs: 9
  • EE 401k deferral: $11,348
  • EE Roth 401k deferral: $9,853
  • ER contribution (PS, Match and Safe Harbor): $37,901
 
Category #3 - Non-Shareholder Data
MMP cited the percentages of practices that provided/paid for benefits for non-shareholders:
  • Malpractice:  100%
  • Health coverage: 95%
  • Dental/Vision: 46%
  • Disability: 55%
  • CME:  68%
  • Dues/Licenses/Subspecialty: 80%
  • Medical expense reimbursement: 48%
 

About MMP
Medical Management Professionals (MMP) was founded in 1993 and is a leading provider of billing and practice management services to radiology groups and imaging centers. It currently serves more than 140 radiology practices with more than 1600 radiologists combined. MMP's flexible solutions range from billing-only services to full-practice management services. For more information about MMP, visit www.cbizmmp.com.

 
 
 
 
 

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