Radiology Business August 28, 2024
Policymaker intervention may be necessary to preserve “vanishing” independent physician practices, experts charged in a new JAMA [1] opinion piece.
Nearly 80% of medical doctors now work for hospitals, health systems or other corporate entities. Rising administrative burdens, shifting employment preferences, capital demands for health IT, and financial incentives all are pushing radiologists and other physicians into consolidation, experts noted.
One of the “underappreciated” factors driving docs toward corporate employment is healthcare’s shift to value-based care, health policy experts noted.
“For small independent practices in particular, these payment models require significant support and resources,” attorney Hayden Rooke-Ley, JD, a senior fellow with the American Economic Liberties Project, and co-authors wrote Aug. 22. “The pursuit of the capital investments, analytic tools,...
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