physician practice management company (PPMC)

Introduction

A for profit organization that buys hard assets of medical practices. The PPMC signs the physician's professional corporation to a 40 year management contract. In exchange, the PPMC provides:

• management
• administrative support
• capital for clinical expansion (sometimes)

management fee is generally 15-30% of net revenue minus clinical expenses that are not provider-associated.

NOT supported by Medicare.

More general terms

• medical organizational structure