Physicians Practice April 10, 2024
Independent physicians are looking to maintain their independence and clinical autonomy.
In recent years, private practice physicians have faced the most difficult challenge – trying to maintain their independence while adapting to previously unforeseen macroeconomic pressures such as rising inflation, payors and retailers becoming competition themselves, and declining reimbursements; all pressures that are contributing to physician groups selling ownership of their practice to private equity and other strategic acquirers in order to better compete. Physicians, however, are made to feel as if they have committed a mortal sin by even considering a sale.
For physician entrepreneurs who have sacrificed 10-15 years becoming educated, and 10, 20 and 30 more years building a practice, my colleague Michael Kroin, CEO & Managing...