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TeachMeFinance.com - explain Physician Group Physician Group The term 'Physician Group ' as it applies to the area of Medicare in the United States can be defined as ' A partnership, association, corporation, individual practice association (IPA), or other group that distributes income from the practice among members. An IPA is considered to be a physician group only if it is composed of individual physicians and has no subcontracts with other physician groups'. Previous 5 Terms: physical climate system physical geology Physical map Physical Therapy Physician Assistant (Pa) Next 5 Terms: Physician Incentive Plan Physician Services physics physics Physiography About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.