Here are five stats behind what's driving physician practice acquisition from the American Hospital Association:
- Ninety-four percent of physicians think it's become too difficult to operate a practice.
- Ninety percent of medical students said they feel unprepared to handle the business side of their medical career.
- Eighty-eight percent of physicians reported the burden of prior authorization as high or extremely high.
- Eighty-four percent of physicians said the administrative burden from commercial health insurers and government insurance programs impacted their employment decision.
- Eighty-one percent of physicians said commercial insurer policies and practices interfered with their practice.