About 108,700 physicians have left private practice since January 2019, according to a report by consulting firm Avalere cited by JDSupra.
Factors drawing physicians to employed models, according to the report:
- High costs of maintaining a private practice
- Declining reimbursement
- Administrative and organizational burdens
- Business challenges for physicians who are trained to focus on delivering patient care
- Financial pressures
- Changes to technology, including electronic health records systems
- Mental health, burnout and stress
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.
