3 ms·
Things are changing but as of 2019 by a whisker, most radiologists own their practices and accross all specialties 56.6 percent of physicians in the US are memb
by vajrabum 5y ago
Things are changing but as of 2019 by a whisker, most radiologists own their practices and accross all specialties 56.6 percent of physicians in the US are members of small practices. Physicians especially specialists tend to work for and with other physicians. In my area, at least in the recent past, all the cardiologists and all the urologists work for the same small practices organized around their specialties. I'd guess that tends to blunt pricing pressure on providers at least locally (see here for some stats https://www.mpo-mag.com/issues/2019-10-01/view_columns/a-look-at-physiciansurgeon-salary-and-employment-statistics/ https://www.mpo-mag.com/issues/2019-10-01/view_columns/a-loo...).
- nradov 5y agoThe general trend is that smaller practices are going away. More and more physicians are becoming employees of larger provider organizations. Small practices just aren't very viable any more because they lack the negotiating power to get high reimbursement rates from payers, and they don't have the economies of scale necessary to comply with interoperability mandates. When new physicians complete their training fewer and fewer go on to start or join smaller practices.