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How physicians have become 'commodities' & why bundling power is the solution
Autonomy is top of mind for many physicians as the workforce migrates to employment over private practice,and some leaders are joining forces to leverage the power of a group. -
'The last straw for private practice': How CMS' proposed pay cut will affect independence
On July 10, CMS proposed a 2.8% conversion factor reduction to its physician fee schedule. -
The biggest challenges physician practices face in 2024
Administrative work is the biggest challenge for many physician practices, according to a recent survey by MedCentral. -
5 things to know about the departure from private practice
Is time running out for private practice physicians? As the number of physicians practicing independently shrinks, the industry is seeing the effects of this trend in 2024. -
Physician-owned vs. hospital-owned settings: How pay, productivity stacks up
Physician-owned practices reported higher levels of productivity in collections encounters and work relative value units in most specialties when compared to hospital-owned counterparts, according to the Medical Group Management Association's "Provider Compensation and Productivity Data Report." -
Chesapeake Independent Physician Association expands to Virginia
Maryland-based Chesapeake Independent Physician Association has expanded its ranks to offer physician practices in Virginia the opportunity to join the organization. -
Physician group acquisitions are changing the workforce. Here's how
The presence of independent physician groups in healthcare has been a symbol of independence, clinical autonomy and managerial flexibility to providers, allowing for competition, variation and variety in medicine. However, as more and more of the healthcare workforce moves toward employment, will independent physicians sink or swim? -
Employed vs. self-employed physicians: Who's earned the most in the last 5 years?
Self-employed physicians have outearned employed consistently since 2019. -
Private practice physicians remain 'dinosaurs on the road toward extinction'
Physicians are continuing their migration to employed models from private practice as costs soar and reimbursements decline. -
Georgia physician group joins Advocate–affiliated system
Rome, Ga.-based physician group Harbin Clinic inked a deal to create an integrated healthcare system by joining Atrium Health Floyd. -
Nearly 80% of physicians are now employed: Study
Nearly 80% of physicians are employed by hospitals, health systems and corporate entities, according to new data from consulting firm Avalere in a study sponsored by the Physicians Advocacy Institute. -
Why don't private practice physicians have more power in healthcare?
Fourteen physicians and leaders joined Becker's to discuss why physicians don't have more power in healthcare. -
The erosion of physician autonomy
Autonomy is on many physicians' minds as the workforce becomes increasingly consolidated and the number of employed physicians grows. -
Physician practice revenue up 6.1%
Physician practices started the year off with a 6% revenue increase, but expenses also grew, according to a new report from Syntellis. -
The physician-owned hospitals closing, ending services
Two physician-owned hospitals have announced plans to close campuses or end services in the last few months, citing labor costs, inflation and case volume declines. -
Is the physician employment model broken?
Revenue and expense data from the last year could point to a need for to reconsider the traditional physician employment model, according to Kaufman Hall's "Physician Flash Report for 2023" -
The payer trend defining physician-owned hospitals
Chris Roy, business development executive at Hutchinson, Kan.-based The Summit, joined Becker's to discuss the payer behavior challenging his physician-owned surgical hospital. -
The state of physician-owned hospitals: 5 key notes
Here are five key notes on the state of physician-owned hospitals: -
3 physician-owned hospitals, practices ending services
As healthcare consolidates, it is becoming increasingly difficult for some physicians to maintain ownership of facilities and access economies of scale. -
Medical group expenses per physician top $1M
Medical group revenue per physician jumped 16.7% in 2023 but expenses are also on the rise, according to the AMGA Medical Group Operations and Finance Survey.
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