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...

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Topics: Health System / Hospital, Physician, Primary care, Provider, Survey / Study, Trends
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