Becker's Healthcare July 17, 2024
Consolidation is on the rise in healthcare, leading to questions about what the future of physician-owned practices might look like.
One factor that can play into physician practices being bought out by larger chains or private equity is the headache of communicating with payers, managing taxes and payroll, and upkeep of compliance and regulatory responsibilities.
But employee stock ownership plans may be one way for physicians to maintain independence while eliminating administrative headaches, saidAdam Brown, MD, in a July 5 opinion published in Medpage Today.
Employee stock-ownership plans typically refer to retirement plans that give employees an ownership interest in a company. A practice-funded trust is created that acquires shares on behalf of employees, and they earn...