More Than Half of Physician Practices Want to Remain Independent
Practice Profitability Index," sponsored by CareCloud, in partnership with QuantiaMD.
For this report, 5,012 physicians were surveyed during April 2013. Of those physicians, nearly 2,100 own their own practices.
According to the report:
• Twenty-one percent of respondents who own their own practice are considering selling.
• Eleven percent of respondents who own their own practice are actively looking to sell.
• Ten percent of respondents who own their own practice have already sold it.
Also, the report found physicians in Texas were the most likely to reject selling, with nearly 71 percent of respondents saying that they would not sell their practice.
More Articles on Physician Practices:4 Reasons Physician Practices Won't Be Giving Out Raises This Year
Physician Practice Acquisitions: How We Got Here and Key Trends
6 Statistics on Concierge and Direct Pay Physician Practices
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.