Opinion: Independent doctors like me are becoming an endangered species
Independent doctors are becoming an endangered species.
More than 100,000 doctors have left private practice and become employees of hospitals and other corporate entities since 2019. Today, nearly three in four physicians are employees of larger health care entities or other corporations — a record high.
As an independent physician, I know exactly why so many are making that choice. My four-doctor gastroenterology practice came under severe stress in 2007 due to catastrophic fee schedule cuts from our two largest payers. Luckily, I was able to join forces with other local independent docs to form a bigger group practice.
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