About MGMA Practice Dashboards These Dashboards provide instant practice performance data in a visual red-yellow-green gauge display. You can instantly understand how your practice’s data compares to your peers. The Dashboards on this site are simplified versions of the benchmarking tools found in the MGMA Physician Compensation and Production Survey Report and the Cost Survey Report. These reports are produced annually by the Medical Group Management Association and are based on data collected from thousands of practices around the country. For more than 50 years, MGMA has conducted annual industry surveys that focus on revenues/expenses, provider compensation and production, and group performance for medical practices. These reports have become the gold standard with executives, practice managers, CPAs, consultants, physicians and the media. They are trusted sources for critical benchmarking information that contribute to the success of medical group practices nationwide. Learn more about the MGMA Survey Reports and the advanced dashboard and benchmarking tools. Learn more about MGMA.
Why Benchmark? Benchmarking is comparing your practice’s performance to the performance of other practices. It facilitates the understanding of physician performance and how your practice’s costs compare to similar practices. It relies on measurement, comparison and metrics to facilitate management. Because benchmarking measures performance at different times, it’s an important tool for observing changes in the practice or physician activity. Knowing how your practice compensation levels compare to your peers can help to persuade administrators, owners, board members and physicians to implement change. You can provide solid data on which to make decisions and affect positive change in your practice.
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