Independent Practice

In a world where it is becoming increasingly difficult to practice privately, physicians still choose to continue down the path they believe is best for them. 

Private practices continue to battle a host of challenges, including economic pressures and reimbursement woes. But how will it affect their future?

Physician-owned hospitals saved $1.1 billion in 2019 when compared to the cost of care at traditional facilities over the same period, according to research commissioned by the Physician’s Advocacy Institute and the Physicians Foundation.

The American Medical Association recently published an appendix to its "AMA STEPS Forward Private Practice Playbook" that includes business and medical forms physicians can use in their private practice.

Independent practices experienced a smaller drop in patient volume than larger health systems at the height of the COVID-19 pandemic, according to a recent study published in the JAMA Health Forum.

Here are five forces impacting the private practice space to know:

Here are seven statistics and stories on private practices physicians should know that Becker's has reported on so far in 2023:

Here are three healthcare updates that private practice physicians should be aware of:

Six physicians recently joined Becker's to discuss the relationship between physicians and the hospitals they work for. 

The share of physicians in private practice has decreased from 60.1% in 2012 to 46.7% in 2022, with practice acquisition serving as one of the driving factors for this decline over the last decade.