Becker's Healthcare October 25, 2024
The number of private practices is rapidly declining as physicians continue to migrate to employed models.
Here’s what five physician leaders have recently said about the decline of private practice:
Adam Bruggeman, MD. Orthopedic surgeon at Texas Spine Center (San Antonio): Let’s be honest, the practice of medicine by physicians is under a multi-front assault. We are on the brink of a fifth consecutive cut to physician pay next year. Prior authorization is expanding at exponential rates. Inflation has led to dramatic increases in the cost of doing business, particularly for staffing. Documentation, outcomes measurements and the general administration of practices continue to expand and outstrip resources. All of this is happening while Congress blocks physicians from owning hospitals...
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