Becker's Healthcare July 12, 2021
Independent physician practices and ASCs are having an increasingly difficult time staying independent, especially with changing payer policies and staff shortages in healthcare.
Five numbers reflecting challenges ahead for ASC owners and operators:
1. Physician employment: 70 percent of physicians are employed by hospitals or corporations, including private equity firms, according to a June 29 report from Avalere.
2. Acceleration of physicians joining hospitals: 11,400 physicians left private practice and hospital employment in the second half of last year after the rate of hospital-employed physicians had been flat for 18 months, according to Avalere.
3. Hospitals owning ASCs: The number of hospitals owning or affiliating with more than one ASC jumped 17 percentage points from 2019 to 2020, according to Avanza...