NAICS Code 621999-33 - Medical Groups

Tools commonly used in the Medical Groups industry for day-to-day tasks and operations.

• Electronic Health Record (EHR) systems
• Medical billing software
• Medical imaging equipment (e.g. X-ray machines, MRI machines)
• Medical diagnostic equipment (e.g. blood pressure monitors, glucose meters)
• Medical laboratory equipment (e.g. microscopes, centrifuges)
• Medical sterilization equipment (e.g. autoclaves)
• Medical surgical instruments (e.g. scalpels, forceps)
• Medical examination tables
• Medical carts and trolleys
• Medical waste disposal equipment

Common products and services typical of NAICS Code 621999-33, illustrating the main business activities and contributions to the market.

• Primary care medical group
• Pediatric medical group
• Cardiology medical group
• Oncology medical group
• Dermatology medical group
• Women's health medical group
• Orthopedic medical group
• Mental health medical group
• Urgent care medical group
• Rehabilitation medical group

A concise historical narrative of NAICS Code 621999-33 covering global milestones and recent developments within the United States.

• The Medical Groups industry has a long history dating back to the early 20th century when physicians began to form groups to share resources and reduce costs. In the 1930s, the American Medical Association (AMA) began to promote the concept of group practice, and by the 1950s, medical groups had become a common practice. In the 1960s, the introduction of Medicare and Medicaid led to a significant increase in demand for medical services, which further fueled the growth of medical groups. In recent years, medical groups have continued to evolve, with the adoption of electronic health records and the increasing use of telemedicine. In the United States, medical groups have undergone significant changes in recent years. The Affordable Care Act (ACA) of 2010 led to the formation of accountable care organizations (ACOs), which are groups of healthcare providers that work together to coordinate care for patients. The ACA also led to the adoption of value-based care, which incentivizes providers to focus on patient outcomes rather than the volume of services provided. In addition, the rise of consumerism in healthcare has led to the development of patient-centered medical homes (PCMHs), which are medical practices that focus on providing coordinated, comprehensive care to patients. These changes have led to a shift towards more integrated and coordinated care, with medical groups playing a key role in this transformation.