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Pulse+IT - International health IT week in review: September 19
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Telehealth has grown by leaps at doc practices, with wide variance in usage patterns
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More and More Doctors Abandoning Private Practice By Kerry Dooley Young
May 27, 2021 Fewer doctors are opting to run their own small private practices, with more seeking jobs in hospitals or larger medical groups, according to a new report.
These patterns likely reflect broader trends toward consolidation in health care, with both insurance companies and hospitals also having grown in size in recent years.
The latest biennial analysis of doctors’ practices by the American Medical Association showed an acceleration of a trend away from private practice, defined as a practice wholly owned by physicians. The 2020 results found less than half 49.1 % of doctors involved in patient care worked in a private practice, the AMA said in a report released this month.
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AMA: Most physicians now work outside of private practice
Mixed Race doctor talking to patient
For the first time, most physicians worked outside of physician-owned practices in 2020, as doctors continue to gravitate toward employment by hospitals and other organizations, according to a new American Medical Association survey.
The trade group s latest Physician Practice Benchmark Survey found that 49.1% of patient care physicians worked in physician-owned practices in 2020, a drop of almost 5 percentage points from 2018, when that figure was 54%. It s 11 percentage points lower than 2012, when 60% of physicians worked in physician-owned practices. I think it is the most consequential institutional change in our healthcare system in the last 30 years, said Jeff Goldsmith, president of the consultancy Health Futures.