62111 - Offices of Physicians
When navigating the complex world of healthcare industry classifications, NAICS code 62111 plays a pivotal role. This code is essential for businesses, government contractors, and healthcare professionals to accurately identify Offices of Physicians within the broader health sector. Whether youâre a startup medical practice or an established specialty clinic, understanding NAICS 62111 can improve your business strategy, eligibility for contracts, and compliance.
What is NAICS Code 62111?
NAICS code 62111 is specifically designated for Offices of Physicians. This industry sector includes establishments where health practitionersâboth generalists and specialistsâpractice medicine independently. The primary function of these offices is to provide direct medical services to patients, covering diagnosis, treatment, and disease prevention.
Sector Overview: Health Care and Social Assistance
NAICS 62111 falls under the larger Health Care and Social Assistance sector (Sector 62), which encompasses a broad range of health-related facilities and services. Within this sector, NAICS 62111 focuses exclusively on physician offices, whether for:
- General practice
- Specialty medical fields
- Group medical practices
This classification helps streamline industry analysis, market research, and government contracting within the healthcare marketplace.
Typical Business Types and Activities Under NAICS 62111
Businesses classified under NAICS 62111 typically include:
- General Practice Physicians: Primary care providers addressing a wide range of medical issues.
- Specialty Medical Practitioners: Such as cardiologists, neurologists, dermatologists, and other specialists catering to specific medical areas.
- Medical Group Practices: Physician offices where two or more doctors share resources, staff, and facilities to deliver comprehensive patient care.
Size Standards for NAICS Code 62111
To determine eligibility for certain government contracts, businesses under NAICS 62111 must meet specific size standards based on the number of employees or annual receipts:
| Revenue or Employee Threshold | Size Standard (Small Business) |
|---|---|
| Number of Employees | Typically up to 750 employees |
| Annual Receipts | Threshold varies; generally up to $16.5 million |
Note: Size standards may vary depending on the contracting agency and specific program requirements. Always verify with the Small Business Administration (SBA) for the latest standards.
Detailed NAICS Code 62111 Table
| Attribute | Details |
|---|---|
| NAICS Code | 62111 |
| Title | Offices of Physicians |
| Description | Establishments primarily engaged in independent practice of general or specialized medicine delivering diagnosis, treatment, and disease prevention directly to patients. |
| Sector | Health Care and Social Assistance (62) |
| Typical Business Types | General practitioners, specialty medical practitioners, medical group practices |
| Size Standards | Up to 750 employees or approx. $16.5 million in annual receipts |
| Services Offered | Patient diagnosis, medical treatments, health screening, disease prevention |
| Examples | Family medicine clinics, cardiology offices, dermatology centers |
FAQs About NAICS Code 62111
1. What types of physiciansâ offices are included under NAICS 62111?
NAICS 62111 covers both general practice physicians and various specialty physicians such as cardiologists, pediatricians, dermatologists, and other specialized medical practitioners.
2. Does this NAICS code include hospitals or outpatient care centers?
No, hospitals and outpatient care centers fall under different NAICS codes. NAICS 62111 specifically pertains to independent physician offices.
3. What is the significance of NAICS codes in government contracting?
NAICS codes help determine eligibility for small business programs, identify industry sectors in contracts, and assist with market research related to government healthcare projects.
4. Are group medical practices classified under NAICS 62111?
Yes, medical group practices consisting of multiple physicians sharing resources are included in this classification.
5. Where can I find the most current size standards for NAICS 62111?
The U.S. Small Business Administration (SBA) website provides up-to-date size standards and guidelines for NAICS codes.
Conclusion
NAICS code 62111 - Offices of Physicians - is a critical classification for healthcare providers operating independent physician practices. Recognizing the scope of this code, the typical business types, and the associated size standards helps providers and contractors better position themselves for market opportunities and compliance. Whether you operate a general practice or a specialized clinic, understanding NAICS 62111 ensures your business is accurately represented in the healthcare sector.
Keywords: NAICS code 62111, Offices of Physicians, Health Care and Social Assistance, Physician offices, Specialty medical practitioners, Medical group practices, government contracting health care, NAICS size standards, healthcare NAICS codes
