Nearly 80% of docs employed by hospitals, corporate entities in continued shift away from independent practice
The decadelong decline of independent physicians rolled on in 2022 and 2023 with a new high of 77.6% doctors employed by hospitals or other corporate entities as of the new year, according to a new | Nearly 4 in 5 physicians are employed by a hospital, payer, pharmacy chain or other corporate entity as of Jan. 1, a 5.1% increase over early 2022 and a continuation of a decadelong trend, according to a new report.