Becker's Healthcare October 13, 2020
Seven observations and predictions related to physician practice ownership in 2020:
1. Hospitals and health systems remain active acquirers of physician practices, according to VMG Health’s 2020 “Healthcare M&A Report.” From 2012-18, the number of hospital-owned practices increased at an average annual growth rate of about 12.3 percent. The number of hospital-employed physicians rose at an average annual growth rate of about 17.5 percent in the same period.
2. Earlier this year, Avanza Healthcare Strategies predicted that more ASCs owned by hospitals or health systems will be structured as physician-hospital joint ventures. As the trend toward joint ventures continues, hospital and health system leaders cite ownership by employed physicians and engaging outside managers as common issues, Avanza President and CEO...
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