Physicians are less likely to work in a private practice than 10 years ago due to economic, administrative, and regulatory burdens that have driven physicians to shift traditional business models for medical practices, according to a newly released biennial analysis (PDF) of physician practice arrangements by the American Medical Association (AMA).
Based on data collected between 2012 and 2022 by the AMA through the nationally-representative Physician Practice Benchmark Survey, the analysis explores the changes in the ownership and organization of physician practices, as well as the reasons that private practices are sold to hospitals or health systems. Read more.