For some physicians, consolidation has its perks
Physician Practice Perspective, March 24, 2017
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The number of solo and small practices continues to dwindle in the U.S., and the pace of consolidation is expected to quicken in the next few years as uncertainty and change continue to pressure independent practices. A number of factors are impacting the bottom line of small practices and physicians, including the high cost of medical malpractice insurance, the demands of health information technology, flat reimbursement rates from Medicare and Medicaid, and the potential for those flat rates to be reduced if a practice doesn’t meet quality reporting benchmarks.
This is an excerpt from a member only article. To read the article in its entirety, please login or subscribe to Physician Practice Perspective.
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