Overhead in Internal Med
Can you please provide me with a current benchmark for a practice’s overhead expense as a percentage of collected revenue for an internal medicine practice?
Question: Can you please provide me with a current benchmark for a practice’s overhead expense as a percentage of collected revenue for an internal medicine practice?
Answer: For internal medicine, the median total operating cost as a percent of net medical revenue is 54.87 percent, according to the Medical Group Management Association’s Cost Survey for Single-Specialty Practices: 2007 Report Based on 2006 Data.