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Empowering independent practices with eClinicalWorks AI-powered innovations

Healthcare It News

The American Medical Association estimates that the number of physicians in private practice has dropped 13% in the last decade, largely due to financial pressures and administrative burdens. 1 In the face of these economic headwinds, many doctors have decided to sell their practices.

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Share of physicians working in private practice continues to dip

Health Care Dive

Over the past decade, the share of physicians working in private practice has declined as hospital systems, private equity firms and payers have acquired practices, according to a report from the American Medical Association.

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How to Adapt Your Marketing Now That Private Practice Has Become an “Endangered Species”

Healthcare Success

At the end of 2020—for the first time ever—less than half ( 49.1% ) of patient care physicians worked in private practice. . According to Avalere Health , nearly three in four doctors work for a hospital, health system, or corporate entity today. of physicians remain in private practice! In other words, only 26.1%

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Improving rural access to radiology services

Healthcare It News

A mix of business savvy and cultural competency can overcome workforce shortages, declining populations and hospital closures in rural areas to improve access to radiology services, according to speakers at the Radiological Society of North America in Chicago.

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14 Ways to Reduce Long Patient Wait Times

Healthcare Success

To further complicate matters, as healthcare consumers continue to prioritize patient experience, physicians are leaving private practices for hospitals and larger medical groups at an alarming rate. According to Avalere Health , nearly three in four doctors work for a hospital, health system, or corporate entity today.

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Competition in Healthcare is Increasing—Rapidly and Dramatically

Healthcare Success

Whether you represent a hospital, health system, or multilocation practice, competing healthcare businesses are developing innovative business models—right now—and they’re targeting your market. of new and young physicians choose private practice over more stable options like hospitals, health systems, or corporate entities.

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Docs shift to larger, hospital-owned practices to have more negotiation power with payers, AMA analysis finds

Fierce Healthcare

In the past 10 years, there has been a dramatic shift in physician practice ownership as less than half of doctors now work in private practices, according to a new analysis. |