The median investment/subsidy per physician jumped 22 percent from the second quarter of 2021 to 2022, according to Kaufman Hall's "Physician Flash Report" published Aug. 1.
Independent Practice
A report from FiPhysician, which provides investment and retirement advice to physicians, released a breakdown of physicians 45 and older, and their average net worth's.
Two independent physician practice owners are building a new center in Bethlehem, N.Y., the Albany Business Review reported Aug. 15.
A physician group sold the property housing the Naperville, Ill.-based Suburban Gastroenterology and Midwest Endoscopy Center for $15 million, the Chicago Business Journal reported Aug. 15.
Physician staffing firm TeamHealth has agreed to pay physicians $15 million to resolve claims that it failed to properly pay its emergency physicians under compensation plans, Top Class Actions reported Aug. 2.
Advertisement
Here are five physician practice and ASC closures in the last year:
Physician compensation at physician-owned practices since 2006 has mostly met or exceeded that of hospital-owned practices, according to MGMA.
Physicians at physician-owned practices produced more wRVUs than those in hospital groups in 2021 in five out of six specialties evaluated, according to MGMA.