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By Staff Reporters
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• 108,700 additional physicians became employees of hospitals or other corporate entities – 83,000 of that shift occurred after the onset of COVID-19.
• Hospital and other corporate entities acquired 36,200 additional physician practices over the three-year period, resulting in a 38% increase in the percentage of corporate owned practices.
• 58,200 additional physicians become hospital employees – 51,000 of that shift occurred after the onset of COVID-19.
• 50,500 additional physicians became employees of corporate entities – 32,000 of that shift occurred after the onset of COVID-19.
Source: Physicians Advocacy Institute, April 2022
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Great Resignation: https://medicalexecutivepost.com/2022/03/08/healthcare-industry-hit-with-the-great-resignation-retirement/
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Filed under: "Doctors Only", Career Development, Ethics, Glossary Terms, Health Economics, Healthcare Finance, Managed Care | Tagged: covid, COVID-19's Impact On Physician Practices and Employment, medical resignation, physician resignation, Physicians Advocacy Institute | Leave a comment »
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