Thinking of leaving independent practice? 6 questions to consider before making the leap

Medical Economics December 10, 2024
Noreen Nageotte, Todd Shryock

Key Takeaways

• Physician practices face pressure to join larger entities due to business complexities, requiring strong infrastructure for quality reporting and care management.
• Key considerations for partnerships include leadership structure, financial transparency, resource provision, data utility, and organizational experience.
• Physician-led organizations often provide greater satisfaction due to alignment in compensation, staffing, workload, and autonomy.
• Practices should evaluate potential partners based on autonomy, support, and alignment with their values for long-term success.

Not all potential partners or arrangements can provide the assistance physicians want while giving them the autonomy they’re accustomed to nor the work-life balance they may seek.

Private practices face increasing pressure to give up their independence, in part because of the growing complexity of running the...

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