Nearly 80% of docs employed by hospitals, corporate entities in continued shift away from independent practice (Fierce Healthcare)

The decade-long decline of independent physicians rolled on in 2022 and 2023, with a new high of 77.6% doctors employed by hospitals or other corporate entities as of the new year, according to a new report.By Dave Muoio, Fierce HealthcareApr 12, 2024 7:55amThe past two years saw that share increase by 5.1%, according to the Physicians Advocacy Institute-commissioned report prepared by Avalere. Prior reports from the groups pegged the total percentage at 73.9% at the top of 2022 and 25.8% back in 2012.READ FULL STORY ...SOURCE: https://www.fiercehealthcare.com/providers/more-and-more-physicians-are-working-under-hospitals-corporate-entities-report-finds