Forbes August 12, 2020
It truly is the Wild West out there for independent physician practices today. Forty percent of primary care providers said they weren’t sure their practices would be open through August, according to The Primary Care Collaborative’s survey fielded in late June. Decreasing patient volume, declining revenue, increasing technology needs, and an ever-changing policy and payment landscape are crippling them.
At a glance, the options for physicians seem grim. Many independent practices are scrambling to find ways to provide what their patients need with the limited resources they have, while managing the mounting challenges that Covid-19 has brought to bear. Others are considering selling to survive, as they struggle with the trade off between what is best for their patients...
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