The number of physician-owned private practices in the U.S. has declined by nearly 20% since 2012, according to the American Medical Association’s Physician Practice Benchmark Survey. The AMA surveyed 5,000 physicians who have completed residency, provide patient care for at least 20 hours per week, are not employed by the federal government and practice in […]
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Becker’s has reported on three hospital closures in the last month, and ASCs may feel the ripple effects as displaced patients and providers seek alternative sites of care and hospitals restructure their outpatient strategies. Here are the three hospital closures: 1. Northern Light Inland Hospital: Waterville, Maine Northern Light Inland Hospital officially closed on May […]
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DFD Russell Medical Center will close its Bridgton, Maine, clinic on Aug. 28 due to financial pressures, Maine Public reported May 30. In a statement to the publication, health system leaders cited several challenges, including the loss of a community grant, difficulties recruiting providers, low reimbursement rates and ongoing uncertainty surrounding Medicare and Medicaid. The […]
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The most influential factor for physicians in deciding to sell off private practices to either hospitals or private equity companies in 2024 was the ability to better negotiate higher payment rates with payers, according to the American Medical Association’s Physician Practice Benchmark Survey. The AMA surveyed 5,000 physicians who have completed residency, provide patient care […]
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The American Medical Association’s newly released Physician Practice Benchmark Report, published May 29, sheds light on the shifting landscape of physician employment. While overall private practice ownership continues to decline, significant variation persists across specialties. Here’s the percentage of physicians in private practice by specialty:
The post Where physicians stay independent: A specialty breakdown appeared first on Becker’s ASC.
Here are five updates related to the Federal Trade Commission, noncompete bans and more that healthcare employers should know, as reported by Becker’s since April 17:
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Investing in continuing education programs and fine-tuning and cultivating a strong culture are two ways to deal with staffing shortages. Two industry leaders recently connected with Becker’s to share what their organizations have implemented to best work through staffing problems. Note: Responses were lightly edited for clarity and length. Question: What strategies have you used […]
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People living in Maryland currently have the fewest yearly out of pocket healthcare costs, while people living in Mississippi face the highest, according to a new report from Wallethub, published May 29. The financial services platform reviewed where people spend the most of their yearly earnings on healthcare, analyzing the prices of five key healthcare […]
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As care has shifted rapidly to the outpatient setting over the last 10 years, major healthcare systems are starting to take notice. For Dallas-based Tenet, a growing amount of revenue and EBITDA now come from its outpatient care arm. In 2018, Tenet acquired a 95% interest in United Surgical Partners International, which leads the company’s […]
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A former employee of United Surgical Partners International filed a class-action lawsuit on May 22, alleging the ASC company violated the Employee Retirement Income Security Act by unlawfully imposing a tobacco surcharge on employees’ health insurance premiums, according to court documents reviewed by Becker’s. What happened? Becker’s reached out to USPI and will update this […]
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