Fierce Healthcare July 9, 2018
A new study dives into trends in hospital-physician practice consolidation.
A new study challenges the idea that hospitals are “gobbling up” physician practices.
While many hospitals are acquiring physician practices, it’s rarely en masse, according to a study published this week in Health Affairs. On average, hospitals acquired only one or two practices between 2007 and 2017, the study said.
Acquisition rates varied widely between specialties: More than 51% of oncology practices that were independent in 2007 had been purchased by a hospital or health system by 2017 compared to just under 10% of ophthalmology practices.
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