MDNews - Mid Hudson

December 2012

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PHYSICIAN PRACTICE Emerging Ownership Models for Physician Practices WILL THE TREND AWAY FROM SOLO PRACTICES CONTINUE? HOW WILL STILL-COSTLY ELECTRONIC HEALTH RECORDS AFFECT MEDICAL PRACTICE OWNERSHIP? AND WILL ACCOUNTABLE CARE ORGANIZATIONS (ACOs) MAKE IT EASIER OR HARDER TO PRACTICE INDEPENDENT MEDICINE? EXPERTS WEIGH IN. T HE NEW ENGLAND JOURNAL OF MEDICINE estimates that the number of doctors who own some part of a medical practice has dropped by 2% per year for the past quarter of a century. As of now, according to the American Medical Association, anywhere from 30% to 60% of practices are privately owned. And, Victoria Stagg Elliott of American Medical News writes, those practices are becoming increasingly less pro���table. 14 | Mid Hudson MD NEWS I MDNEWS.COM So what about the other 40% to 70% of physicians? Are they all on the payroll of a big health care corporation? And will the trend reverse itself? Mass Care Akram Boutros, M.D., FACHE, founder and President of BusinessFirst Healthcare Solutions, answers the question regarding trend reversal with ���nality.

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