[MMA News Now, Sept. 19, 2013]
A recent study from the AMA shows that the demise of the independent practice isn’t as precipitous as previously reported. A 2012 AMA survey found that 53 percent of physicians are self-employed, 60 percent work in practices that are wholly owned by physicians and 18 percent are in solo practice.
The AMA survey does show that there has been a shift toward hospital employment, just not as much as expected. Twenty-three percent of physicians work in practices that are partially owned by a hospital and another 5.6 percent are directly employed by a hospital.
The study, New Data On Physician Practice Arrangements: Private Practice Remains Strong Despite Shifts Toward Hospital Employment, noted that Accenture, the management consulting company, had projected that the share of physicians in independent practice would fall to 36 percent in 2013, down from 57 percent in 2000.
According to the 3,466 physicians who responded to the survey that hasn’t occurred yet.
For the full report, click here