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Survey: 6 Reasons for Physician Practice Acquisitions

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Physicians approaching hospitals or seeking to sell their practices is the most common reason for physician practice acquisitions, according to Trend Watch: Physician Practice acquisitions released by Jackson Healthcare, a healthcare staffing company.
The survey includes responses from 118 hospital executives. It was conducted between Nov. 1 and Dec. 15, 2012.

Here are six reasons for physician practice acquisitions, according to survey respondents:

•    Physicians approach hospital/seek to sell their practices — 70 percent
•    Build a competitive advantage — 58 percent
•    Part of a physician recruitment strategy — 57 percent
•    Maintain a competitive advantage — 55 percent
•    Accountable care organization formation — 30 percent
•    Improve patient safety — 28 percent

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