MedPage Today October 14, 2021
— Here’s what’s behind the continued decline of independent practice
This is the main story in a series examining how trends in healthcare ownership are impacting physician practice. Click here for a sidebar on what physician autonomy means today, and here for a sidebar on how private equity in particular is driving employment trends.
Sterling Ransone, Jr., MD, is a third-generation family physician.
But even one generation ago, the practice of medicine was much different.
Though Ransone followed in his father’s footsteps as a rural family doctor, he didn’t do so in the same shoes.
From 1957 to 1990, his father practiced solo for years, then added a partner, and ultimately returned to a one-doc shop. However, when Ransone finished...