Over the past five years, one of the fastest-growing trends in health care has been the rise of large provider groups: care organizations that employ tens or hundreds of providers, often have multiple geographic locations, typically do not offer inpatient services, and usually have a financial sponsor, Medical Economics reports.
Large provider groups have gained 30% more market share in just four years, a trend that shows no signs of slowing. This dramatic shift signals the need for other segments to swiftly adapt if they want to compete for new patients. It’s time they acknowledge where their valuable bookings are going and act quickly to adopt these practices. Read more.
