Rising administrative costs have prompted many small physician practices to consider whether to remain independent, join a larger group or seek hospital employment, according to a Crain's Detroit Business report by Jay Greene.
Here are two things to know about the issue.
- The Affordable Care Act and related changes over the past six years have increased administrative costs for physician practices, leading many to consider joining larger groups.
- Some physicians join larger organizations also because physicians are "worried about being lost in the shuffle."
For more on this story and a look at how the Affordable Care Act is performing, read Mr. Greene's full report in Crain's Detroit Business.