Practice Consulting & MSOs: Ranked Vendors for Independent Practices

#1

MC

MGMA Consulting

85/ 100 overall

Practice-management consulting from the industry's benchmark authority.

MGMA Consulting is the consulting arm of the Medical Group Management Association. It brings benchmark data and operational depth that few firms match. Engagements range from operational assessments to compensation redesigns. Best for independent groups that want data-anchored recommendations rather than generic playbooks.

Best for

Independent groups wanting benchmark-anchored recommendations.

Pricing

$$$ · Fixed-fee project or retained engagement.

Ownership

Nonprofit membership association

#2

HC

Halley Consulting Group

79/ 100 overall

Physician-practice operations and turnaround specialists.

Halley Consulting Group focuses on physician-practice operations, turnaround work, and interim management. It's often engaged by hospital-affiliated groups but works with independent practices as well. Best when operational underperformance needs hands-on remediation rather than a strategic study.

Best for

Practices facing operational underperformance or leadership gaps.

Pricing

$$$ · Project, retainer, or interim management.

Ownership

Private

#3

CG

Coker Group

75/ 100 overall

Independent healthcare advisory with strong physician-services depth.

Coker Group is a well-established healthcare advisory focused on physician practices, ASCs, and hospital-affiliated groups. Strengths include compensation, valuation, and operational improvement. Pricing is project- or retainer-based. Best when a practice needs a mid-sized advisor with physician-services specialization.

Best for

Practices needing valuation, comp, or M&A-adjacent advice.

Pricing

$$$ · Project or retainer engagements.

Ownership

Private

#4

HS

Healthcare Strategy Group

75/ 100 overall

Mid-market healthcare consulting across strategy and operations.

Healthcare Strategy Group is a mid-market consulting firm covering strategy, operations, and physician alignment. It serves independent practices and health systems with a pragmatic, hands-on style. Best for groups wanting an accessible mid-market alternative to national firms.

Best for

Mid-market groups wanting pragmatic strategy plus operations help.

Pricing

$$ · Project or retainer.

Ownership

Private

#5

P

PYA (Pershing Yoakley & Associates)

73/ 100 overall

Healthcare-focused advisory with valuation and compliance depth.

PYA is a healthcare-focused advisory known for valuation, compliance, and revenue cycle work. It serves independent practices, hospitals, and health systems. Best when regulatory or valuation nuance matters — Stark, Anti-Kickback, and fair market value analyses are core strengths.

Best for

Practices needing compliance, valuation, or regulatory advisory.

Pricing

$$$$ · Project or retainer.

Ownership

Private