When asked about their plans in the next five years, physician practice owners reported the following, according to Physicians Practice's 2014 Physician Compensation Survey:
• Continue as I am — 50.5 percent
• Retire — 12.1 percent
• Become employed by a larger health system — 11.7 percent
• Seek a partnership/group opportunity like an accountable care organization — 9.5 percent
• Transition to a direct-pay, concierge or hybrid-concierge practice — 8.3 percent
• Close/sell my practice — 7.9 percent
The survey includes responses from 1,338 physicians.
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