In that same period, 19,100 physicians became employees of hospitals or other corporate entities, up 5.1% since 2022.
The number of hospital and corporate-owned entities is also up 6% since 2022.
Hospitals acquired 2,800 private practices and 16,300 physicians over the two-year period, increasing the number of hospital-owned practices by 7.3%.
Meanwhile, corporate entities acquired 5,300 private practices, but only 2,800 additional physicians, increasing the number of corporation-owned practices by 11%.
Since 2019, an additional 127,700 physicians are employed by hospitals or corporate entities.
