Number of independent physicians continues to decline

Number of independent physicians continues to decline
Physician business models are transforming, with a sustained shift away from independent practice, according to report released by the consulting firm Accenture.

(HealthDay)—Physician business models are transforming, with a sustained shift away from independent practice, according to report released by the consulting firm Accenture.

Kristin Ficery, from Health Strategy in Atlanta, and colleagues conducted a survey of 204 physicians equally split between primary care and specialty practices. Physicians were geographically distributed across the United States.

According to the report, private practice doctors have increasingly sought employment, leaving independent practice. The number of independent physicians has dropped from 57 percent in 2000 to 39 percent in 2012. It is estimated that by the end of 2013 the market of independent physicians will decline further to 36 percent. One of the main reasons for physicians seeking employment is the cost and expense of running a business, cited by 87 percent of independent physicians surveyed. Other concerns causing physicians to seek employment include the prevalence of managed care (61 percent), requirements (53 percent), and maintaining/managing staff (53 percent). For doctors who wish to remain independent, an estimated one in three will adopt subscription-based care models, and this trend is likely to increase 100 percent per year for three years.

"Accenture research shows that independent physicians continue to dwindle and that those remaining will turn to subscription-based models to sustain profits and improve care," the authors write.

More information: More Information

add to favorites email to friend print save as pdf

Related Stories

One in four physicians uses social media daily

Dec 10, 2012

A new survey shows that about one in four physicians uses social media daily or multiple times a day to scan or explore medical information, and 14 percent use social media each day to contribute new information, according ...

Recommended for you

Jamaica Senate starts debate on pot decriminalization bill

Jan 30, 2015

Jamaica's Senate on Friday started debating a bill that would decriminalize possession of small amounts of pot and establish a licensing agency to regulate a lawful medical marijuana industry on the island where the drug ...

Can Lean Management improve hospitals?

Jan 30, 2015

Waiting times in hospital emergency departments could be cut with the introduction of Lean Management and Six Sigma techniques according to new research.

Research finds 90 percent of home chefs contaminate food

Jan 30, 2015

If you're gearing up for a big Super Bowl bash, you might want to consult the best food-handling practices before preparing that feast. New research from Kansas State University finds that most home chefs drop the ball on ...

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.