In a survey of 118 hospitals across the country, 70 percent say they acquire physician practices because physicians approach the hospital and are seeking to sell their practices.
Three other responses as to why hospitals acquire physician practices received more than 50 percent of the vote:
To build a competitive advantage: 58 percent
As part of a physician recruitment strategy: 57 percent
To maintain a competitive advantage: 55 percent
Two response options for why hospitals acquire physician practices were included in the survey and received less than 50 percent of the vote:
For accountable care organization formation: 30 percent
To improve patient safety: 28 percent
More Articles on Hospital-Physician Transactions:
What Physician Specialties are Hospitals Planning to Acquire in 2013?
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