Are Physicians Looking to Sell Their Practice? 4 Statistics

Nearly one-third of physicians are considering sell their practices, according to The Second Annual Practice Profitability Index: 2014 edition, sponsored by CareCloud, in partnership with QuantiaMD.

Advertisement

The 2014 edition includes responses from 5,064 physicians.

Here are four statistics on physicians considering an exit from private practice:

•    Not looking to sell my practice — 53 percent
•    Considering selling my practice — 24 percent
•    Looking to sell my practice — 12 percent
•    Already sold my practice — 11 percent

More Articles on Practice Management:

28% of Orthopedic Surgeons Currently, Plan to Participate in ACOs
10 Ways to Improve Collections at Medical Practices
7 Ways to Earn Respect, Rather Than Demand It

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

  • Atlanta-based United Digestive is planning an ASC in Watkinsville, Ga., focusing on organic growth to expand its network. The newly-constructed,…

  • At least 25 ASCs have closed over the past five years, a pattern of attrition driven by financial strain, staffing…

  • As the ASC industry continues to grow alongside new waves of surgical innovation, patient preferences and shifts to value-based care,…

Advertisement

Comments are closed.