Physician Practices: Background, Organization, and Market Consolidation

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By Suzanne M. Kirchhoff (au)
Year: 2013
Pages: 27
Binding Paperback
ISBN 978-1-4578-4273-3

Product Code: 1457842734

Description

Historically, physicians have operated in what the Am. Medical Assoc. (AMA) and others have called a äóìcottage industryäó of small or solo practices around the country. However, growing number of U.S. physicians are combining their practices; affiliating with hospitals, insurance companies, and specialty management firms; or going to work directly for such organizations. The moves are part of a broader trend toward consolidation in health care, with the overall number of mergers and acquisitions in the sector at the highest level in a decade. This report provides background on factors contributing to changes in physician practice organization, including physician supply, sources of revenue, operating costs, and government incentives. It also examines the different types of integration, the legal intricacies of affiliation, and the possible implications for consumer and federal policy. Figures and tables. This is a print on demand report.

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