Physicians are still ditching independent practice for corporate opportunities

DOTmed July 30, 2021
John R. Fischer

Close to 70% of U.S. physicians were working for private equity firms, hospitals or other corporate organizations as of the beginning of 2021, according to a report released by the nonprofit Physician Advocacy Institute and consulting firm Avalere.

This means that only 30% are independently practicing medicine across the nation. This decades-long trend has been driven by a number of factors, says the report, PAI-Avalere Health Report on Trends in Physician Employment and Acquisitions of Medical Practices in 2019-2020.

Here are a few of its takeaways:

• Private equity and similar stakeholders created the sharpest increase (32%) in acquisitions between 2019 and 2020
• Private equity and similar stakeholders created the sharpest increase (32%) in acquisitions between 2019 and 2020
• Corporations...

Today's Sponsors

Today's Sponsor