Medical Economics June 19, 2024
The right kind of ownership transition plan can mitigate challenges and ensure physician (and patient) retention and the best patient care.
Nearly half of surveyed physicians in their 50s recently said they plan to retire by their early 60s. The medical field can expect a significant shortage of primary care doctors in the years ahead, which means it will be challenging to ensure continuity in leadership, operations and patient care. But the right kind of ownership transition plan can mitigate these challenges and ensure physician (and patient) retention and the best patient care.
Getting started on the path to transition planning
Transitioning ownership is complex, involving financial structures, risk assessment, and legal/HR collaboration.
The first step is to identify key...
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