abstract 4 - spet because it will enhance their bottom...

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Esteban Sanchez PLAN 370-500 2/17/09 Abstract 4 The Independent Physician — Going, Going . . . The current thing that seems to be on everyone’s mind is expanding health insurance. However there is currently something going on that seems to be going under the radar. The percentage of U.S. physicians who own their own practice has been declining at an annual rate of approximately 2% for at least the past 25 years. What seems to be the current trend is that many physicians are no longer doing independent practice or small practice and are moving to large group practice. The decline in physicians in independent practice has been greater among medical specialists than among surgeons or primary care physicians. This trend raises the question of whether small, independent practices have any future an important question, since nearly 9 of 10 Americans get their medical care from a physician in a solo or small practice. There are a few reasons why this is happening the first being that many hospitals and other large organizations are taking in
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Unformatted text preview: spet because it will enhance their bottom line. A second reason for the decline is that independent physicians have seen their income decline. One reason for that is that Medicaid is working under a reimbursement method and these reimbursement rates have remained stagnant, even as practice costs have risen. Also keeping up with medical guidelines have become a challenging task for small group or independent physicians. One last reason is women in medicine, have affected independent practice. Many women physicians, and increasingly men entering practice, prefer the relative financial security and the shorter hours that come with a salaried position in a large organization. Stephen L. Isaacs, J.D., Paul S. Jellinek, Ph.D., and Walker L. Ray, M.D. The independent Physician going, going 2009 The New England Journal Of Medicine. http://content.nejm.org/cgi/content/full/360/7/655...
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This note was uploaded on 07/30/2009 for the course HEALTH SYS 1501 taught by Professor Sweeney during the Spring '09 term at Texas A&M.

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