MGMA DataDive Cost and Revenue
Designed to help you gain a clear, data-driven view of your organization’s financial performance.
MGMA DataDive Cost and Revenue
Designed to help you gain a clear, data-driven view of your organization’s financial performance. Drawing insights from over 4,000 medical groups, this dataset empowers you to conduct in-depth cost analysis, identify the operational characteristics that drive efficiency, and evaluate overall profitability. It’s a powerful tool for quickly assessing and improving the financial health of your practice.
Published by: MAGMA
Detailed Description
MGMA DataDive Cost and Revenue is a comprehensive benchmarking and financial analysis tool designed to help medical practices and healthcare organizations assess, compare, and optimize their financial performance. Built from robust industry participation, this dataset offers strategic insight into how revenue is generated and costs are managed across a broad spectrum of healthcare settings.
What the Dataset Covers
This dataset includes detailed financial metrics for more than 4,000 medical groups across the United States. It captures a wide range of cost and revenue indicators, making it one of the most trusted tools for evaluating the operational efficiency and profitability of a healthcare organization.
Key data elements include:
- Operating revenue by source (professional services, ancillary, hospital support, etc.)
- Total operating costs (personnel, supplies, occupancy, IT, and more)
- Provider- and staff-related expenses
- Revenue and cost per FTE (full-time equivalent)
- Net income, margin, and other profitability metrics
- Overhead ratios and cost-to-collect figures
Benchmarking Capabilities
- Users can segment and benchmark data by:
- Practice type (e.g., physician-owned, hospital-integrated, academic)
- Specialty (primary care, surgical, medical subspecialties, etc.)
- Geographic region (national, state, or regional filters)
- Size and structure (number of providers, staffing ratios, payer mix)
The tool allows side-by-side comparisons to peer organizations, helping decision-makers understand how their cost structure and revenue performance align with similar practices.
Use Cases and Strategic Benefits
The DataDive Cost and Revenue tool is used by:
- Practice administrators to improve cost efficiency and justify budget decisions
- Financial officers to benchmark profitability and develop strategic plans
- Consultants and advisors performing operational and valuation assessments
- Health system executives seeking insights on practice integration or acquisition targets
Strategic applications include:
- Identifying cost-saving opportunities
- Enhancing revenue cycle performance
- Evaluating staffing efficiency
- Supporting growth planning and expansion strategies
- Strengthening contract negotiations and payer relationships
Insight-Driven Decision Making
With interactive dashboards, trend analysis, and exportable reports, users can:
- Track changes in cost or revenue trends over time
- Compare performance against national and specialty-specific benchmarks
- Model “what-if” financial scenarios
- Drill into areas such as cost per visit, collections per wRVU, or support staff per provider
Why It Matters
In an era of shrinking margins, increasing administrative burdens, and rising operational costs, MGMA DataDive Cost and Revenue enables healthcare leaders to base their financial strategies on accurate, peer-driven data. It goes beyond surface-level reporting, delivering actionable insights that support long-term sustainability and competitive performance.
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