article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

More than half of private practice therapists worry about economy, plan to raise rates in 2023, survey finds

Fierce Healthcare

More than half of private practice therapists worry about economy, plan to raise rates in 2023, survey finds agliadkovskaya Mon, 06/26/2023 - 12:03

article thumbnail

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. . of physicians remain in private practice! COVID significantly accelerated the trend away from private practice. Private Practice Physicians: The Numbers Then and Now.

article thumbnail

AI Can Make Plastic Surgery Practices More Human

HIT Consultant

The impact of AI will be worth the big leap I have had several conversations with fellow practitioners and private practice owners about the general hesitancy to jump into AI technology some older physician folks are even still weary of fully integrating EMRs, a now basic technology necessity, into their healthcare practices! .

article thumbnail

Improving rural access to radiology services

Healthcare It News

Private equity support – cash and operations support – can be critical to rural specialties, especially during mass casualty events, said Dr. Catherine Joyce Everett, a private practice radiologist in North Carolina.

article thumbnail

Doctors and Debt: Why Short Visits Create Long-Term Challenges

HIT Consultant

More doctorsare leaving private practice, more consolidation into massive hospital systems, and less personalized care for patients. Many patients cant pay, not because they dont want to, but because they assumed insurance covered it, or theyre already buried in medical debt themselves. The result?

Doctors 100