Physician practice ownership is steadily declining due to factors like hospital and private equity consolidation, rising practice costs, and administrative burdens. Despite attractive buyout offers, many doctors opt for autonomy through private ownership, citing benefits like control over practice operations, wealth accumulation, and improved patient care. Private ownership allows physicians to design customized business models and experience intrinsic rewards, such as pride in their community impact. When financing expansions or acquisitions, favorable loan structures are crucial, and physicians should seek guidance from specialized professionals.
Is physician ownership of medical practices still viable in an age of corporate consolidation? (Medical Economics)
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