Becker's Healthcare June 26, 2024
More physicians are regretting choosing to pursue medicine, according to a 2023 survey from the Physicians Foundation, and here are five reasons why physicians are turning away from the practice.
1. Loss of autonomy
Autonomy is on the top of mind for many physicians as the workforce migrates to employed models and physician practices continue to consolidate.
In 2012, hospitals and health systems employed 26% of physicians and owned 14% of physician practices. However, as of 2024, hospitals, health systems and other corporate entities employ nearly 80% of physicians and own nearly 60% of physician practices, according to research commissioned by the Physicians Advocacy Institute.
“The main reason the physicians are increasingly dissatisfied with their career in medicine...