80 percent: The number of physician practice-owners who said the need to negotiate higher payment rates with insurance companies influenced their decision to sell their practice, according to a report from the American Medical Association.
43 percent: The amount that the annual physician turnover rate increased by between 2010 and 2018, according to data published in the Annals of Internal Medicine.
26 percent: The percentage of physicians employed in private practice in 2022, according to the AMA report.
12 percent: The percentage of physicians who intend to set a retirement date and commit to full retirement, according to a report from Jackson Physician Search.
2.4 percent: The percentage by which average physician compensation declined in 2022, according to Doximity’s 2023 “Physician Compensation Report.”
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
