Here are five major notes:
1. In 2022 to 2023, 19,100 physicians became employees of hospitals or other corporate entities, a 5.1% increase.
2. In that same period, hospitals and other corporate entities acquired 8,100 additional physician practices, a 6% increase.
3. Hospitals acquired 2,800 physician practices, a 7.3% increase.
4. Corporate entities acquired 5,300 additional physician practices, an 11% increase.
5. Around 78% of physicians were hospital- or corporate-employed by January 2024.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.