Company Research Report: Medical Group Management Association (MGMA)

Company Overview

• Name: Medical Group Management Association (MGMA)

• Mission: MGMA empowers medical group practices to innovate and create meaningful change in healthcare, serving as a trusted partner by delivering insights, solutions, and advocacy to achieve medical practice excellence.

• Founded: 1926

• Founders: No specific founders mentioned; originated from a small group of men and women who met in Madison, WI.

• Key People:

• Anders Gilberg, Senior Vice President, Government Affairs

• Headquarters: 104 Inverness Terrace E, Englewood, CO, 80112

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: MGMA is known as the largest association focused on medical practice management, representing 15,000 group medical practices with over 350,000 physicians. The association is authoritative in industry benchmarks such as physician compensation and advocates on national regulatory and policy issues.

Products

• Product Offerings:

• Membership: Provides connections and industry insights to positively affect medical practices and communities.

• Data Services: Industry-leading benchmarking data, analysis, and reports.

• Conferences: Immersive events offering solutions to medical practice challenges.

• Consulting: Expert team to tackle organizational challenges.

• Certification: ACMPE Certificates, Board Certification, or Fellowship.

• Education: Continuing education and expert training.

• Product Descriptions and Key Features:

• Membership:

• Connects professionals and offers guidance tailored to medical practice management.

• Data:

• Offers comprehensive benchmarking data for informed decision-making.

• Conferences:

• Provides interactive events and networking opportunities to address current medical practice challenges.

• Consulting:

• Facilitates guidance and solutions from health experts.

• Certification:

• Validates commitment to excellence in medical practice through certification programs.

• Education:

• Expands knowledge base and provides continuing education credits through various resources.

Recent Developments

• Telehealth Prescribing Extension: MGMA welcomed the extension of telehealth prescribing flexibilities through the end of 2025 by the DEA and HHS, asserting that this measure prevents disruption for patients relying on telemedicine.

• 2025 Medicare Physician Fee Schedule: MGMA expressed concerns over a finalized rule reducing the Medicare conversion factor by 2.83%, potentially threatening financial viability of physician practices. However, they praised the inclusion of certain telehealth policies.

• Advocacy Efforts: MGMA has been actively involved in advocating for policies affecting healthcare, such as telehealth, Medicare physician payment reform, and legislative priorities.

• Partnerships: No explicit new partnerships were mentioned in the available data.

Additional Information

• History:

• MGMA has evolved since its first meeting in 1926, developing pivotal resources like confidential financial surveys which laid the groundwork for modern benchmarking reports.

• It has consistently expanded its role in addressing the needs of medical practice administrators through numerous educational initiatives and industry advocacy.

• Affiliated Organizations:

• MGMA Services Inc. - Focuses on delivering high-quality medical management services.

• ACMPE Scholarship Fund, Inc. - Supports personal and professional growth in healthcare leaders.

Contact Information

• Phone: (877)275-6462

• Email: service@mgma.com

• Social Media: Available on Twitter, LinkedIn, YouTube, Facebook, and Instagram.