Becker's Healthcare October 7, 2024
Over the last 10 years, 77% of physicians have shifted away from independent practice and into employed models.
This shift has taken place alongside a spike in consolidation throughout healthcare. According to the Physician Advocacy Institute and Avalere Health, 58.5% of practices are health system- or corporate-owned.
Employed physicians also report feeling higher levels of burnout, anger and anxiety compared to their independent counterparts, according to a recent Physician Foundation survey. This is sometimes linked to a lack of physician autonomy, as 61% of employed physicians said they have moderate or no autonomy to make referrals outside of their practice or ownership system, and 47% say that they adjust patient treatment options to reduce costs based on practice...
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