Becker's Healthcare October 30, 2024
Independent physicians are increasingly opting to sell their practices to hospitals, health systems or other corporations.
In 2022, just 44% of physicians owned their practices, compared with 76% in the early 1980s, according to a report from the American Medical Association. Additionally, over the past decade, 77% of physicians have shifted away from independent practice to employment-based models.
This trend has led to a marked decrease in physician autonomy. Around 56% of employed physicians said what they like least about their job is less autonomy, according to the Medscape’s “Employed Physicians Report 2023,” a jump from 48% the previous year.
“The main complaint from physicians is that by selling to an entity, they lose control of their practice,” Evan...
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