physician employment | VBCExhibitHall Library

Rising costs, low-value care linked to hospital-employed physicians, studies show

May 5, 2021Garrett SchmittNo CommentsAHA, CMS, group practice, healthcare costs, HHS, low-value care, Medicare claims, Medicare Payment Advisory Commission, physician acquisition, physician employment, physician-hospital integration, physicians, private practice, vertical integration

Healthcare costs and low-value care tend to increase when hospitals acquire physicians, new studies published in Health Affairs show. The number of diagnostic and lab tests performed in hospitals versus unaffiliated facilities increased after doctors were acquired by hospitals, which inflated healthcare costs, according to an analysis of 30 million imaging procedures and 341 million…

AMA: Most physicians now work outside of private practice

May 5, 2021Garrett SchmittNo Commentsacquisitions, AMA, mergers, physician employment, physician practices, physicians, private equity, private practice, student debt

For the first time, most physicians worked outside of physician-owned practices in 2020, as doctors continue to gravitate toward employment by hospitals and other organizations, according to a new American Medical Association survey. The trade group’s latest Physician Practice Benchmark Survey found that 49.1% of patient care physicians worked in physician-owned practices in 2020, a…