As independent physician practices face continuing financial pressures, integration with other organizations offers a mix of advantages and drawbacks. Practices may be acquired by hospitals, health plans, physician organizations, and/or private equity firms. Integration can lead to administrative efficiency, leveraged purchasing power, improved care coordination and clinical integration, and better contracting. This article from the New England Journal of Medicine provides a roadmap for those considering acquisition and shares insights on the processes and the pros and cons of the types of arrangements. Read more.
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