Industry News | 06.10.25
More Physicians Move to Practices Owned by Hospitals and Private Equity Groups
By NAMSS Staff
AMA News Release (05/29/25)
Physicians continue to move away from private practices and increasingly work at practices owned by hospitals or private equity groups, according to the latest analysis from the American Medical Association (AMA). Physicians reported that inadequate payment rates, costly resources, and burdensome regulatory and administrative requirements are longstanding and have been important drivers of this change. According to the research, the share of physicians working in private practices last year was 42.2%, a decline of 18 percentage points from 2012. Private practices now account for less than half of physicians in most medical specialties, ranging from 30.7% in cardiology to 46.9% in radiology. Exceptions included orthopedic surgery (54%) and ophthalmology (70.4%).
Read the full story from AMA.