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RUNNING HEAD: PHYSICIAN GROUPS Physician groups Student’s Name Institution Course Date PHYSICIAN GROUPS 2 The major sources of revenue and expenses of physician groups. There are many major sources of revenue for group physicians are. First, we have the patient service revenue that they get from patients who come for a medical consultation, medical check-up, and treatment. There are different fees for consultation, check-up, and treatment. The second source of revenue is premium revenue from capitation fees (Shaw, 2018). With this kind of revenue, there are static fees that people are supposed to periodically pay irrespective of the services the physicians are providing. Lastly, physicians also get income from the government in form of medical packages such as Medicare or Medicaid. There are also payments from third-party payers such as private insurance companies according to acceptable costs or prearranged tariffs for services. There are many expenses that physician groups have had. First, there is “an expensive operation”. Many physicians can agree that governments have tried to enhance health care in the last 10 years, but the opposite has been done. For instance, we ...
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