Practice Consulting & MSOs — Vendor review
MGMA Consulting
Practice-management consulting from the industry's benchmark authority.
MGMA Consulting
Practice-management consulting from the industry's benchmark authority.
By Jordan Alderman, MBA, CMPE · Reviewed by Rania Hassan, JD, CHC · Last reviewed · Methodology
Disclosure: Independent editorial. No pay-for-placement, no affiliate rankings. Full editorial standards.
Quick answer
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.
At a glance
- Best for
- Independent groups wanting benchmark-anchored recommendations.
- Not for
- Micro-practices needing tactical one-off help.
- Pricing model
- Fixed-fee project or retained engagement.
- Price band
- $$$
- Founded
- 1926 (MGMA)
- HQ
- Englewood, CO
- Ownership
- Nonprofit membership association
Score card
Independent editorial scoring (0–5 per criterion) — same rubric across every vendor.
Strengths
- Access to MGMA benchmark data
- Independent-practice orientation
- Deep bench across operations and compensation
Weaknesses
- Not the cheapest option for small tactical projects
- Engagements can feel formal
- Not the best fit for pure strategy or M&A
Key features
- Operational assessments
- Physician compensation design
- Revenue cycle assessments
- Governance and MSO structuring
Contract clauses to negotiate
- Get deliverables listed line-by-line with acceptance criteria
- Confirm which benchmark comparisons are included
- Ask for named consultants, not just firm brand
See our full contract clause library for paste-ready redlines across every pillar.
Editorial verdict
MGMA Consulting is the reference standard for independent-practice engagements — the combination of benchmark data and independent orientation is genuinely differentiated. Best used for projects where evidence-based recommendations matter (comp redesign, operational assessments). Look elsewhere for pure M&A advisory or valuation.
Alternatives to consider
Evidence & sources
Every recommendation on this page traces back to a primary reference — federal regulation, an industry benchmark, or peer-reviewed literature. Follow the links to verify claims independently.
[1]MGMA Practice Management Resources
Industry benchmarkMedical Group Management Association
Supports: Independent benchmarking data for consulting engagement scoping and typical practice-operations KPIs.
[2]Stark Law and Anti-Kickback Statute Overview
RegulatoryHHS Office of Inspector General
Supports: Regulatory basis for evaluating MSO and management-services structures that involve referral flows or compensation arrangements.
[3]American Medical Association — Private Practice Playbook
Professional associationAMA
Supports: Reference material on independent-practice sustainability, MSO evaluation, and consultant engagement structure.
Cite this review: The Practice Vendor Review — MGMA Consulting, ranked #1 of 5 in Practice Consulting & MSOs. Overall score 85/100.