From CFOs to ASCs, the pressure to meet margins as costs soar and reimbursements decline affects all of healthcare. Independent physician practices are getting hit the hardest – only 44% of physicians owned their practice as of 2022, according to an American Medical Association report, compared with 76% in the early 1980s. Physicians aren’t the only ones struggling to meet margins in healthcare. “When companies like Walmart and CVS, known for delivering products at a cost-effective price, look at healthcare, jump in and then jump out saying it’s unsustainable, it raises concerns,” Nari Heshmati, MD, chief physician executive of Fort Myers, Fla.-based Lee Health’s Physician Group, told Becker’s.
Read the full article: ‘If Walmart Can’t Do It … How Can the Average Physician Survive?’: Independent Practices Becoming Less Feasible //
Source: https://www.beckersasc.com/leadership/if-walmart-cant-do-it-how-can-the-average-physician-survive-independent-practices-becoming-less-feasible.html