Rising healthcare costs, declining reimbursements and a surge in consolidation over the past decade is making it more difficult for private practices to stay competitive and maintain their independence. The most recent Physicians Foundation Survey found the number of physicians self-identifying as independent decreased from 48 percent in 2012 to 31 percent in 2018. Spine surgeons in private practice are becoming increasingly burdened with government regulations, rising administrative workloads, adoption of newer technologies and mounting pressure to lower costs as the industry looks to move away from the current fee-for-service model. Five spine surgeons discuss with Becker’s Spine Review struggles in their practices and how they are tackling them.
Read the full article: Challenges Facing Private Practices in Spine, and Strategies to Tackle Them //