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Is Private Practice Dying?

The number of surgeons closing private practices and becoming hospital employees continues to grow as business expenses and malpractice insurance increase while reimbursements decrease. The percentage of orthopaedic private practices acquired by hospitals is expected to grow to 10% of the total acquisitions in 2013, up from 6% in 2012.

To reiterate, that's 10% of this year's private practice acquisitions that are expected to be orthopaedic. Are we nearing the end of private practice? Read on and add your thoughts.

1 COMMENTS

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Don Peterson
06/12/2013 04:16 PM

This is not good for the future of medicine * beginning of socilized medicine, beginningof socilized socitity * End of free enterprise in the medical sales - need for less sales people (They have been the backbone of this industry) - Have had their hands tied behind their backs by Advamed , government etc * Hospitals will call all the shots with heavy governmental regulation * Surgeon & Physican shortage will occur within 4-5 years * Mfg's and medical companies working on reduced (Cheap) cost products instead of building the best high tech devices * American health care will become substandard (almost 3rd world) * ACA will improve nothing * Advamed does not speak for all of medical industry (They have done as much harm as help) * America needs legal reform not Medical reform Yes Private practice is Dying and so is the soul of American Medicine Wake Up Medical Companies, Wake up medical reps Wake up surgeon's Don't just go quiet into the night fight back I hope this can be reversed- for all our sakes We are so screwed by the current direction