The decline of private practice physicians: 5 stats

Here are five numbers to know about trends regarding private practice: 

13 percent: The decline in the number of physicians working in private practice between 2012 and 2022, according to a report from the American Medical Association.

80 percent: The number of physicians who own their practices who said the need to negotiate higher payment rates with insurance companies influenced their decision to sell their practice, according to the AMA report.

26 percent:. The percentage of physicians working in private practice, according to an 2022 report from Avalere.

51.8 percent: The percentage of physicians working in practices with fewer than 10 physicians in 2022, according to the AMA report. 

11,400: The number of physicians who left private practice and hospital employment in the second half of last year after the rate of hospital-employed physicians had been flat for 18 months, according to the Avalere report.

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