Study finds increase in radiology practice consolidation
DOTmed June 17, 2024
Radiology practices have been consolidating over the last decade, with the number of practices affiliated with radiologists decreasing, despite the number of radiologists increasing, a recent study found.
A new Harvey L. Neiman Health Policy Institute study, published in the American Journal of Roentgenology, looked at Centers for Medicare and Medicaid Services data from 2014 to 2023. The study found that the number of medical practices with affiliated radiologists decreased 14.7%, from 5,059 to 4,313, even though the number of radiologists increased 17.3%, from 30,723 to 36,024.
About half of radiologists are affiliated with radiology-only practices, with that number decreasing 12.8% over the time studied. The other half are affiliated with multi-specialty practices, with that number increasing 47%, according to...