MedCity News July 20, 2021
Independent physician practices are being gobbled up by hospitals, payers and private equity, and while some see it as a boon for the practices and industry as a whole, others believe it will raise costs and block access to care.
Independent physicians and practices are fast disappearing from the landscape of U.S. healthcare. But the overall question of what this means for the industry is polarizing. While some stakeholders believe it will raise costs and reduce access, others say it will make the healthcare system more sustainable.
A recent report shone a light on a rather staggering statistic — by the beginning of 2021, hospitals and other corporate entities, like insurers and private equity firms, owned about 48% of physician...
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