Healthcare Finance News December 9, 2021
Jeff Lagasse

Those employed by health systems had about 49% lower Medicare billing, worked more hours per week and were in practice for fewer years.

Hospital acquisition of independent physician practices is linked to a small drop in physician compensation, with a 0.8% drop in average income, according to new findings published in Health Affairs. This suggests hospitals may not benefit financially when hospitals buy their practices.

From 2014 to 2018, hospital ownership of physician practices increased a full 89%, and the data from this time period began to uncover differences in compensation among various specialties. Non-surgical specialists, for example, saw their average income dip more than $9,650 annually, or 2.4%, while surgical specialists saw their incomes rise a modest 2.1%, or...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Physician, Primary care, Provider, Trends
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