Industry Trends

While the physician workforce is increasingly moving to employed models — with more than 108,700 physicians shifting to employment from 2019 to 2021 — some are finding it difficult to maintain autonomy and are making the shift back to private practice. 

This shift of cardiovascular procedures to the ASC-CPL is expected to continue to grow because of the lower costs the facilities can provide.

The 325-bed hospital, which has been operated by Dallas-based Steward Health Care since 2017, has provided healthcare to predominantly lower income residents in San Antonio and South Texas for nearly 40 years and has been struggling financially.

The report offers insights from significant PPM developments in 2022 and provides a strategic look ahead at the regulatory and transactional issues that will shape business outcomes throughout 2023.

That’s especially been the case over the last year and a half, as micro and macro economic headwinds have also affected both agencies and PE firms.

“There is certainly not enough known about the use of [artificial intelligence] in direct-to-consumer imaging services,” said Catherine Livingston, an associate professor of family medicine at Oregon Health Sciences University School of Medicine. “We don’t even know that the benefits outweigh harms for whole body scans in asymptomatic people. ... AI is a Pandora’s box.”

He said AI will have to be tested and properly regulated, providing evidence that it's beneficial despite the fact that it'll inevitably make errors.

Investors are eyeing three physician specialties in 2023, according to McDermott Health's 2023 Physician Practice Management report.

External economic factors including labor shortages, higher material expenses and patients increasingly seeking care outside of inpatient settings are affecting hospital finances, according to a new Kaufman Hall report.

Experts say the first wave of adoption will take place in areas where there are administrative redundancies.