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3 trends for private practices to watch
Physicians in private practices have been fighting for survival over the last several years as reimbursement rate declines paired with rising practice costs have forced many practice owners to make difficult choices. -
The rise of MSOs: 3 things physicians need to know
Management service organizations are becoming increasingly powerful in healthcare, particularly in gastroenterology, orthopedics and ophthalmology, Medical Economics reported Oct. 1. -
Physicians grapple with reimbursement challenges
As reimbursements from CMS and other payers continue to be misaligned with the cost of keeping practices afloat, physicians face difficult choices about how to lead their practices into the future. -
3 policies tied to the fate physician independence
Here are three policy changes that independent physicians say would make a difference in the fight to keep the doors open in the age of healthcare consolidation: -
The state of physician independence
The independent healthcare market is shrinking as consolidation climbs, reimbursements fall and inflation remains high. Here are five notes on the state of physician independence: -
5 ways physicians remain independent
Nearly 80% of physicians now work in an employed setting. Here are five ways the remaining 20% keep their practices independent: -
Fighting the financial 'squeeze play' of payers, unfit regulations
Many smaller private or physician-owned practices have found themselves at a critical junction in recent years. Independent physicians are declining in numbers as the reach of consolidation widens, economic pressure intensifies and administrative burdens persist. -
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.
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