Hospital Appetite for Physician Practices is Waning

From the Association of Independent Doctors

http://www.aid-us.org/

The hospital buying binge may be over, at least when it comes to acquiring physician practices.

A new report from the Physicians Advocacy Institute shows that hospitals and health systems hit the brakes on practice acquisitions in 2016.

The 20-page report, National and Regional Changes in Physician Employment 2012-2016, is based on an analysis of physician practice ownership data conducted for the PAI by Avalere Health, a Washington-based health care consulting and market research firm.

The number of physicians employed by hospitals jumped 64 percent to 156,000 in January 2016 from July 2012, the report said. But from January 2016 through July 2016, that number slipped to 155,000.

Other numbers also show...read more here.

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.