A new AMA report based on the AMA’s 2024 Physician Practice Benchmark Survey describes the changes in the ownership and organization of physician practices since 2012.
The report shows that physicians deliver care to patients in practices that are increasingly owned by hospitals or other organizations and not by physicians, larger, and increasingly likely to include physicians in a variety of specialties, not just one.
The report also explores the reasons that private practices are sold to hospitals, private equity firms, or insurers and finds that inadequate payment rates, costly resources, and burdensome regulatory and administrative requirements are longstanding and important drivers of this change.
Other reports based on the Benchmark Survey can be found here.
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