Becker's Healthcare December 10, 2024
About 77% of physicians have moved away from independent settings and into employment by hospital or health systems. But recent developments indicate that some may be reconsidering their independence.
Consulting firm Bain & Co. recently released its “Frontline of Health Survey” in an October blog post, which highlighted that nearly 25% of physicians in health system-led organizations are debating a change in employers, compared to 14% in physician-led practices.
Many physicians cite reasons such as reimbursement declines, regulatory burdens, a lack of leverage with payers and soaring practice costs as reasons for shifting to independent practice. But Bain’s survey suggests that physicians are increasingly less satisfied with this tradeoff.
Among physicians in physician-led practices, 78% said their...
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