Independent Vs Group Doctor Offices Part 1
INDEPENDENT VS GROUP DOCTOR OFFICES 3
IndependentVs Group Doctor Offices
Researchshows that more doctors are leaving private practice and partnershipsto seek employment in large, single-specialty medical facilities,where they work in groups of between 6-50 persons. Therefore, it isexpected that large groups of medical practitioners will come intoplace replacing solo and single partner ventures that flourishedbefore as time goes on. This movement can be attributed to severalfactors. For instance, employment serves as a source of security forthe physicians where they are assured of good income with minimalliabilities as it is common in the private practice. In addition,large organizations have the resources needed for better qualityservices that private practitioners would find too costly to acquire.Employment is also a safer option for junior physicians who have notyet gained much experience in the medical arena.
Specialtiesin the primary care practice are most likely to continue working insolo or groups of two physicians as indicated by a limited drop innumber of those working solely or as a duo. Medical specialists showthe highest rate of decrease from single and duo practice. This isshown by a large drop in solo and duo medical practitioners. Sinceprimary care is less demanding and has a low capital requirementventure, more physicians can adequately handle this line of duty withease enabling them to last over time. For medical specialties, whowant to stay solo or in duo groups, large capital is required whichmay prove too strenuous for one or two persons. When this is thecase, seeking larger groups for a better capital pool is the bestoption as well as reducing pressure on each individual physician.
PhysiciansMoving to Mid-Sized, Single-Specialty Practices, Retrieved fromhttp://www.hschange.org.