Private practice declines, 70% of all physicians now employed

 

Physician practices are under increasing strain, from low insurance reimbursements, high operating costs, reduced visits from Covid, competition from large corporations, so that in the past few years alone private practices have declined from 60% of physicians to only 30% as of now.

https://www.beckersasc.com/asc-transactions-and-valuation-issues/70-of-physicians-are-now-employed-by-hospitals-or-corporations.html