CMAA Practice Exam 2025 – Complete Guide for Exam Prep

The term that describes three or more physicians sharing office space and expenses is "Group Practice." In a group practice setting, physicians work collaboratively, which allows them to share resources, administrative tasks, and overhead costs. This arrangement can lead to improved patient care through coordinated efforts and the pooling of expertise amongst the participating physicians. Group practices can range in size and often provide a broader range of services compared to individual practices, benefiting both the physicians involved and their patients.

The other terms, while related to the healthcare field, refer to different concepts. A clinic is typically a facility where patients receive care but doesn’t specifically involve the shared financial aspect among multiple physicians. A healthcare network generally pertains to a larger system of providers and facilities working together, which may include various types of practices and services. A partnership, in a medical context, suggests a legal arrangement between individuals but does not specifically indicate the shared office space and expenses that characterize a group practice.