Oliver Wyman November 3, 2023
The drive to hire primary care doctors presents health systems with an opportunity to recalibrate their physician compensation models.
Physician employment is one of the biggest trends reshaping the healthcare landscape. The migration from private practice to employment is happening across all specialties, especially primary care where 74% of primary care physicians worked for a hospital, health system, or other corporate entity in 2022. Breaking that down further, more than 50% of PCPs were employed by a hospital or health system.
There are several reasons why health systems are employing more primary care doctors. The most often-stated goal is to provide comprehensive preventative care. Other factors at play include trying to...