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A group I knew paid a flat 24% to a cmg to do all practice admin. Thats a huge number but covered everything but med mal.I think I posted a locums email chain awhile back where I could see the recruiters haggling with the hospital/group client and if memory serves, it was roughly $40/hr on top of most of the physician fees. Of course, this was 8 or 9 years ago. When you factor in malpractice costs, travel costs, business expenses, etc.. I doubt their profit margin is as massive as one might think.
Another time, they were paying the docs around $300/hr but I know for a fact the hospital was billed at $400/hr. That's the largest profit that I've been aware of personally.
Weatherby for both of those.
The numbers are pretty easy. If a CMG isn't making $50/hr they arent too keen to keep the contract. Even crappy sites require $1m profit. As I said their public filings (I think it was TH) showed profit margin of 28%.