Healthcare DIVE December 6, 2023
As the rate of corporate-owned healthcare practices rise, providers say a lack of autonomy leads to diminished patient care.
Dive Brief:
- Nearly 60% of doctors employed by hospitals and other corporations say that non-physician practice ownership harms patient care quality, according to a new survey of 1,000 doctors commissioned by the Physicians Advocacy Institute.
- Most doctors surveyed blamed decreased time with patients and management’s greater focus on financial success for negatively affecting quality at non-physician-owned medical practices. Fewer than 20% of respondents felt that the growth in corporate ownership has improved care quality.
- Of the physicians who have left private practice, more than half said they were satisfied with their choice to leave. They reported improved work-life balance,...
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