Physician practice owners: 6 trends in the next 5 years

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:

Advertisement

•    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.

More articles on practice management:

5 pro tips for improving communications skills
How much of physician income is tied to patient satisfaction?
Hospital for Special Surgery opens New Jersey location

Advertisement

Next Up in Practice Management

Advertisement

Comments are closed.