Becker's Healthcare February 7, 2025
As the cost of managing an independent practice increases alongside consolidation throughout healthcare, four physicians joined Becker’s to forecast the outlook for private practice in 2025.
Editor’s note: Responses have been lightly edited for clarity and length.
Michael Patmas, MD. Physician Executive (Wailuku, Hawaii,): Personally, I do not see private practice as being feasible for the majority of physicians. Employment is here to stay. Those physicians who can make it in private practice will likely have concierge niche practices.
Justin Calvert, MD. Assistant Professor of Anesthesiology at Loma Linda (Calif.) University: Physician practice ownership is undergoing significant transformation, with nearly three-quarters of all physicians now being employed rather than practicing independently. Hospitals and health systems, private equity firms and corporate...