Setting marketing budget
I am looking for benchmarks for marketing budgets for physician practices.
Question: I am looking for benchmarks for marketing budgets for physician practices.
Answer: The benchmarks are included in the Medical Group Management Association’s Cost Survey. For multispecialty practices - not hospital owned - the median is 0.39 percent of total medical revenue, or $2,927 per FTE physician.
Newsletter
Optimize your practice with the Physicians Practice newsletter, offering management pearls, leadership tips, and business strategies tailored for practice administrators and physicians of any specialty.
Recent Videos
Related Content
