Becker's Healthcare October 14, 2024
Physician practice ownership has been declining for decades. 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.
Over the last 10 years, 77% of physicians have shifted away from independent practice to employed models, driving significant consolidation across healthcare.
This shift raises concerns for many industry leaders.
“In order for physicians to regain their power, they would need to be in control of their own practices once again,” Evan Pollack, MD, an internist in West Chester, Pa., told Becker’s
Here are five effects of physician practice sales:
Revenue-focused care
Private-equity acquisitions of physician groups increased by more than 600% from 2012 to 2021,...