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Posts Tagged ' HealthcareFinance'

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The Future of Private Practice: Why Financial Leadership Matters for Physicians

For decades, private practice has played a vital role in the U.S. healthcare system, enabling physicians to own and manage the businesses that provide care. However, the landscape of physician practices has changed significantly. According to the American Medical Association's 2024 Physician Practice Benchmark Survey, only 42.2% of physicians were working in private practice in 2024, down from 60.1% in 2012, marking an 18-percentage-point decline. This shift is crucial for physicians to consider as they look to build, grow, and sustain independent practices amid an increasingly complex healthcare environment.

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