What do physicians think of their practice's financial viability in the next 3 years?

Practice Management

The healthcare industry is undergoing rapid changes, and physicians gave varied responses when asked what they predict the financial viability of their practices will be in the next three years, according to Physicians Practice's 2014 Physician Compensation Survey.

•    Mixed, my practice is not growing significantly — 35.2 percent
•    Robust, my practice is thriving — 32.3 percent
•    Shaky, I'm working harder just to maintain my income — 23 percent
•    Poor, I may have to close my doors in the next one to three years — 9.5 percent

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