Modern Healthcare June 10, 2020
Around 30% of physician practices in Massachusetts have been considering closing down, a new preliminary report shows.
Medical and procedural specialist groups were the most likely to consider closing their practice at 42%, according to a survey of more than 400 practices by the Massachusetts Health Policy Commission and the Massachusetts Chapter of the American College of Physicians from late May to early June. Around 20% of primary care and behavioral health physician groups were weighing closure.
“A striking number is the percentage saying they may close the practice. That is dramatic and way above what I thought I’d be seeing,” Dr. Donald Berwick, HPC commissioner and former CEO of the Institute for Healthcare Improvement, said during the HPC’s board...
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