More physicians turn to corporate employment, staff shortages growing: 4 trends for ASCs to follow

Becker's Healthcare July 11, 2022
Alan Condon

Almost three out of four physicians are employed by hospitals, health systems or other corporate entities such as insurers and private equity firms, while staff shortages that have recently plagued the healthcare system are expected to worsen in the coming years.

Four trends ASCs should monitor:

1. More than 108,700 physicians turned away from self-employment from 2019 to 2021, with 58,200 physicians joining hospitals and 50,500 moving to other corporate entities, according to an April report from business consulting firm Avalere. Of the 108,700 physicians, 83,000 (76 percent) became employees since the pandemic.

2. As of January, hospitals and corporate entities, including private equity firms and insurers, owned 53.6 percent of physician...

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