Why Private Practice Ownership Is Shrinking While Hospital Ownership Continues to Rise
Why independent practice ownership is losing ground to hospital systems — and the operational, financial, and marketing moves doctors need to stay independent and profitable.
The business of medicine is changing fast, and doctors who ignore that reality are putting themselves at a disadvantage. The old path of training hard and joining a group no longer guarantees success.
Read the full article on Brainz Magazine
This piece was originally published as part of Quintin Gunn's Executive Contributor column on Brainz Magazine.
Read on Brainz MagazineRelated sections on Brainz Magazine
Continue reading in the topic hubs most relevant to this article.
More articles
Where this goes next in your practice
- installing a sustainable practice growth strategy
Independent practices need a rigorous operational framework to compete with the massive marketing budgets of hospital systems.
- maximizing practice value before a sale
Understanding what drives your multiple is essential whether you plan to stay independent or eventually join a larger group.
- resources for doctors fighting for independence
Physician-owners need specific tools to maintain their autonomy in a consolidating healthcare market.