1 in 3 Physicians Will Remain in Independent Practices by 2016

Accenture recently released an analysis of physician private employment trends. Here are some key findings from the report:

·         57% of physicians were independently employed in 2000, dropping to 49% in2005.

·         By 2016, only 1 in 3 physicians will remain in private practices.

·         36% cite reimbursement pressures as their biggest concern with independent practices.

·         The overhead costs of a private practice were most concerning for 23% of respondents.

·         Almost 1 in 5 independent physicians are participating in accountable care organizations.

·         26% of independent physicians are choosing to opt out of Medicaid.

Source: Accenture, July 29, 2015