HealthLeaders Media April 11, 2024
Payers, private equity and pharmacy chains own more physician practices (30.1%) than do hospitals (28.4%).
KEY TAKEAWAYS
– New data reaffirms a decade-long steady transferal of medical practice ownership.
– In 2012, 25.8% of physicians were employed by hospitals or health systems.
– Since then, hospitals and health systems have hired nearly 263,000 physicians.
– Currently, 58.5% of physician practices are owned by non-physicians.
More than three-quarters of the nation’s physicians (77.6%) are employed by hospitals, health systems or other businesses, according to a report commissioned by the Physicians Advocacy Institute.
The new data, compiled by Avalere, reaffirms a decade-long steady transferal of medical practice ownership. In 2012, 25.8% of physicians were employed by hospitals or health systems. Since...
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