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Submission: On July 17 via api from US — Scanned from DE
Submission: On July 17 via api from US — Scanned from DE
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* * * * 100 Years News All News Careers Legal Money Opinion Physicians Financial News Practice Management Technology Media Around the Practice Between The Lines Clinical Consult Expert Interviews Medical Economics Pulse Medical World News Off The Charts Podcasts Physician Report PrimaryView Conferences Conference Coverage Conference Listing Publications Medical Economics Sponsored Content Sponsored Resources Supplements And Featured Publications Events Physician Bootcamp Virtual Events CME/CE Job Board Subscribe Print Subscription eNewsletter Directories Financial Advisor Guide Business Focus Billing and Collections Career Planning Coding and Documentation Concierge Medicine Cybersecurity Electronic Health Records Investing Malpractice Patient Relations Personal Finance Practice Management Remote Patient Monitoring Revenue Cycle Management Staffing Technology Telehealth Value-based Care Locum Tenens Clinical Focus Allergy and Immunology Cardiology Dermatology Endocrinology Gastroenterology Infectious Disease Neurology Pain Management Pediatrics Psychiatry Pulmonology Rheumatology Women's Health Spotlight Concierge Medicine 2.0 by Castle Connolly Private Health Partners Physician Bootcamp Physician Report 100 Years News All News Careers Legal Money Opinion Physicians Financial News Practice Management Technology Media Around the Practice Between The Lines Clinical Consult Expert Interviews Medical Economics Pulse Medical World News Off The Charts Podcasts Physician Report PrimaryView Conferences Conference Coverage Conference Listing Publications Medical Economics Sponsored Content Sponsored Resources Supplements And Featured Publications Events Physician Bootcamp Virtual Events CME/CE Job Board Subscribe Print Subscription eNewsletter Directories Financial Advisor Guide CONTINUE TO SITE Advertisement Advertisement Billing and collections | Coding and documentation | Concierge Medicine | Malpractice | Patient Relations | Practice Management | Telehealth | Value-based Care | Acute Pain Management | Business of Cardiology | Business of Endocrinology | Business of Pediatrics | Business of Women's Health | COVID-19 | Cardiovascular Clinical Consult | Chronic Conditions | Concierge Medicine 2.0 by Castle Connolly Private Health Partners | Cybersecurity | Diabetes Awareness Month | EHRs | Exclusive Content | Implementing the Topcon Ocular Telehealth Platform | Influenza | Locum Tenens, brought to you by LocumLife® | MedTech | Medical Economics® 100th Anniversary | Physicians Financial News | Remote Patient Monitoring | Revenue Cycle Management | Sexual Health | Sponsored Webinars | Staffing | Vaccines | Weight Management View All >> * Acute Pain Management * Billing and collections * Business of Cardiology * Business of Endocrinology * Business of Pediatrics * Business of Women's Health * COVID-19 * Cardiovascular Clinical Consult * Chronic Conditions * Coding and documentation * Concierge Medicine * Concierge Medicine 2.0 by Castle Connolly Private Health Partners * Cybersecurity * Diabetes Awareness Month * EHRs * Exclusive Content * Implementing the Topcon Ocular Telehealth Platform * Influenza * Locum Tenens, brought to you by LocumLife® * Malpractice * MedTech * Medical Economics® 100th Anniversary * Patient Relations * Physicians Financial News * Practice Management * Remote Patient Monitoring * Revenue Cycle Management * Sexual Health * Sponsored Webinars * Staffing * Telehealth * Vaccines * Value-based Care * Weight Management SPOTLIGHT - Concierge Medicine 2.0 by Castle Connolly Private Health Partners | Physician Bootcamp | Physician Report NUMBER OF DOCTORS IN PRIVATE PRACTICE CONTINUES TO SLIDE Jul 13, 2023 Jeffrey Bendix Frustrations with reimbursements, administrative burden drive migration to hospital employment ©Iryna - stock.adobe.com Doctors are continuing to abandon private practice in favor of direct or indirect hospital employment, according to a newly-released American Medical Association (AMA) study of physician practice arrangements. The association’s biennial Physician Practice Benchmark Survey found that in 2022 46.7% of doctors worked in wholly-owned physician practices, down from 49% in 2020 and 60% in 2012, the first year of the survey. Conversely, 31.3% of doctors worked in practices that were wholly or partially hospital-owned, up from 30.5% in 2020 and 23.4% in 2012. The percentage of doctors employed directly by hospitals or working as contractors rose to 9.6% from 9.3% in 2020 and 5.6% in 2012. Respondents cited the ability to negotiate higher payment rates as the biggest reason for joining a hospital, with 79.5% calling it “important” or “very important.” That was followed by the need to better manage payers’ regulatory and administrative requirements (71.4%) and wanting to obtain better access to costly resources (69%). “The AMA analysis shows that the shift away from independent practices is emblematic of the fiscal uncertainty and economic stress many physicians face due to statutory payment cuts in Medicare, rising practice costs, and intrusive administrative burdens,” AMA President Jesse M. Ehrenfeld, M.D., M.P.H., said in an accompanying news release. The survey also revealed significant differences between private and hospital-owned practices in their incorporation of primary care. Among physicians in hospital-owned practices, 61% were affiliated with practices that include primary care, compared to 44.9% of those in private practice. Among hospital-owned practices, 39% of physicians were in multi-specialty groups that offer primary care services. By contrast, primary care in private practice is more often offered in solo or single specialty practices. About 31% of private practice physicians work in a solo or single specialty primary care practice, and 13.7% are part of a multi-specialty practice that includes primary care. The study also found: * An ongoing migration from smaller to larger practices, with the percentage of doctors in practices with five or fewer physicians declining from 40% to 32.8% between 2012 and 2022, while the percentage in practices with 50 or more physicians grew from 12.2% to 18.3% * A decline in the number of self-employed physicians and corresponding growth in employed physicians. In 2012 53.2% of doctors were self-employed, compared to 41.8% who were employed. In 2022, the percentages were 44.0% and 49.7%, respectively. * While practice ownership has declined among physicians of all ages, the sharpest drop—from 44.3% to 31.7%--occurred among doctors under age 45. The smallest decrease, from 54% to 49.7%, was among those age 55 to 64. Related Videos Staffing challenges: Being proactive instead of reactive Staffing challenges: Salary and pay trends, part 2 Staffing challenges: Salary and pay trends, part 1 Staffing challenges: Is burnout a factor? Staffing challenges: How do virtual workers work? Staffing challenges: Blending in-person and virtual workers Staffing challenges: Openings and hiring local workers Staffing challenges: Building relationships to identify needs Staffing challenges: Physician recruitment is competitive right now Staffing challenges: A human resources perspective Related Content SCRIBES CAN PROVIDE NUMEROUS BENEFITS TO MEDICAL PRACTICES July 5th 2023 HOW AN ADMINISTRATIVE PARTNER CAN HELP YOUR PRACTICE THRIVE June 26th 2023 HOW PHYSICIANS CAN LEARN TO SAY NO June 16th 2023 THE BENEFITS OF PROVIDING CULTURALLY COMPETENT CARE June 15th 2023 NURSES FACE WIDESPREAD BIAS, STUDY FINDS June 6th 2023 FIVE MONTHS INTO 2023, STAFFING REMAINS A CHALLENGE FOR HEALTH CARE June 5th 2023 SCRIBES CAN PROVIDE NUMEROUS BENEFITS TO MEDICAL PRACTICES July 5th 2023 HOW AN ADMINISTRATIVE PARTNER CAN HELP YOUR PRACTICE THRIVE June 26th 2023 HOW PHYSICIANS CAN LEARN TO SAY NO June 16th 2023 THE BENEFITS OF PROVIDING CULTURALLY COMPETENT CARE June 15th 2023 NURSES FACE WIDESPREAD BIAS, STUDY FINDS June 6th 2023 FIVE MONTHS INTO 2023, STAFFING REMAINS A CHALLENGE FOR HEALTH CARE June 5th 2023 SCRIBES CAN PROVIDE NUMEROUS BENEFITS TO MEDICAL PRACTICES July 5th 2023 HOW AN ADMINISTRATIVE PARTNER CAN HELP YOUR PRACTICE THRIVE June 26th 2023 HOW PHYSICIANS CAN LEARN TO SAY NO June 16th 2023 THE BENEFITS OF PROVIDING CULTURALLY COMPETENT CARE June 15th 2023 NURSES FACE WIDESPREAD BIAS, STUDY FINDS June 6th 2023 FIVE MONTHS INTO 2023, STAFFING REMAINS A CHALLENGE FOR HEALTH CARE June 5th 2023 Related Content Staffing -------------------------------------------------------------------------------- Scribes can provide numerous benefits to medical practices July 5th 2023 Article -------------------------------------------------------------------------------- How an administrative partner can help your practice thrive June 26th 2023 Article -------------------------------------------------------------------------------- How physicians can learn to say no June 16th 2023 Article -------------------------------------------------------------------------------- The benefits of providing culturally competent care June 15th 2023 Article -------------------------------------------------------------------------------- Nurses face widespread bias, study finds June 6th 2023 Article -------------------------------------------------------------------------------- Five months into 2023, staffing remains a challenge for health care June 5th 2023 Article Advertisement Advertisement Advertisement x Advertise Contact Us Editorial Job Board Terms and Conditions Privacy Policy Do Not Sell My Personal Information Contact Info 2 Clarke Drive Cranbury, NJ 08512 609-716-7777 © 2023 MJH Life Sciences All rights reserved.