81% of physicians link reimbursement policy to the decline of private practice

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Eighty one percent of physicians say reimbursement policy has been a factor in the decline of independent practices, according to Doximity’s Physician Compensation Report 2025.

The report analyzed about 230,000 survey responses collected over the past six years, including input from 37,000 U.S. physicians in 2024.

When asked whether reimbursement policy has played a significant role in the decline of independent practices in their field, physicians responded:

Here’s how surveyed physicians answered the question:

  • Strongly agree: 48%
  • Agree: 33%
  • Unsure: 12%
  • Disagree: 5%
  • Strongly disagree: 2%
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