The following statistics are from the PricewaterhouseCoopers 2010 report, "From courtship to marriage: Why health reform is driving physicians and hospitals together." To inform this report, PwC Health research Institute conducted 15 in-depth interviews with thought leaders and executives representing providers, payors and professional associations. This insight is combined with data collected from a 2010 online survey of more than 1,000 physicians balanced by age, gender, practice type and specialty.
Physician perceptions on hospital integration
• Nearly three-fourths of physicians surveyed are already in financial relationships with hospitals.
• Physicians already working primarily in hospital practice settings: 24 percent.
• When asked whether they trust hospitals, 20 percent of physicians surveyed said "no" and 57 percent said "sometimes."
• Physicians practicing in large groups are two- to three-times more likely to express interest in hospital alignment than sole practitioners.
• Physicians who said hospitals are dependent on them to reduce costs and improve efficiency: 66 percent.
• More than one-third of physicians surveyed said hospital alignment would decrease administrative burdens such as healthcare information technology requirements.
• Cardiologists interested in hospital employment: 63 percent.
• Primary care physicians interested in hospital employment: 48 percent.
• Specialists (combined) interested in hospital employment: 45 percent.
Physician interest in specific integration models
• Employment: 44 percent of physicians are currently employed by a hospital, medical foundation, provider-based clinic, faculty practice plan or group practice. Forty-six percent of physicians are most interested in pursuing this model over the next two years.
• Directorships, stipends or management contracts: 24 percent of physicians are currently aligned in this model and 51 percent of physicians are most interested in pursuing this model over the next two years.
• Joint venture: 8 percent of physicians are currently aligned in a joint venture and 38 percent of physicians are most interested in pursuing this model over the next two years.
• Co-management: 8 percent of physicians are currently aligned in this model and 34 percent of physicians are most interested in pursuing co-management over the next two years.
• Leasing arrangement: 9 percent of physicians are currently aligned in this arrangement and 21 percent of physicians are most interested in pursuing this model over the next two years.
• Directorships, stipends or management contracts: 24 percent of physicians are currently aligned in this model and 51 percent of physicians are most interested in pursuing this model over the next two years.
Read more of the PricewaterhouseCoopers report, "From courtship to marriage: Why health reform is driving physicians and hospitals together."
Read more about hospital-physician relationships:
-5 Tactics for Bringing Spine Surgeons to Small Hospitals
-5 Steps to Develop a Co-Management Arrangement for a Hospital Service Line
-4 Ways to Maintain Profits in a Bundled Contract
Physician perceptions on hospital integration
• Nearly three-fourths of physicians surveyed are already in financial relationships with hospitals.
• Physicians already working primarily in hospital practice settings: 24 percent.
• When asked whether they trust hospitals, 20 percent of physicians surveyed said "no" and 57 percent said "sometimes."
• Physicians practicing in large groups are two- to three-times more likely to express interest in hospital alignment than sole practitioners.
• Physicians who said hospitals are dependent on them to reduce costs and improve efficiency: 66 percent.
• More than one-third of physicians surveyed said hospital alignment would decrease administrative burdens such as healthcare information technology requirements.
• Cardiologists interested in hospital employment: 63 percent.
• Primary care physicians interested in hospital employment: 48 percent.
• Specialists (combined) interested in hospital employment: 45 percent.
Physician interest in specific integration models
• Employment: 44 percent of physicians are currently employed by a hospital, medical foundation, provider-based clinic, faculty practice plan or group practice. Forty-six percent of physicians are most interested in pursuing this model over the next two years.
• Directorships, stipends or management contracts: 24 percent of physicians are currently aligned in this model and 51 percent of physicians are most interested in pursuing this model over the next two years.
• Joint venture: 8 percent of physicians are currently aligned in a joint venture and 38 percent of physicians are most interested in pursuing this model over the next two years.
• Co-management: 8 percent of physicians are currently aligned in this model and 34 percent of physicians are most interested in pursuing co-management over the next two years.
• Leasing arrangement: 9 percent of physicians are currently aligned in this arrangement and 21 percent of physicians are most interested in pursuing this model over the next two years.
• Directorships, stipends or management contracts: 24 percent of physicians are currently aligned in this model and 51 percent of physicians are most interested in pursuing this model over the next two years.
Read more of the PricewaterhouseCoopers report, "From courtship to marriage: Why health reform is driving physicians and hospitals together."
Read more about hospital-physician relationships:
-5 Tactics for Bringing Spine Surgeons to Small Hospitals
-5 Steps to Develop a Co-Management Arrangement for a Hospital Service Line
-4 Ways to Maintain Profits in a Bundled Contract