April 17, 2024 - Independent physician practices face a multitude of challenges in an increasingly complex healthcare landscape—from mounting administrative burdens and declining reimbursement rates to maintaining proper staff levels and overcoming technology deficits.
"Healthcare costs are going up for providers and patients alike," says Dr. Auren Weinberg,...
What happens when one of the market’s most prominent players comes knocking at your practice’s door? For many physicians in private practices, it means merging with the hospital or health system, whether to stay competitive in...
When outsourcing revenue cycle management services, ambulatory provider organizations want vendors that excel in communicating, have adequate expertise, and can successfully educate clients, a KLAS...
Hospital-owned practices are faring better than their physician-owned counterparts despite significant revenue challenges last year, according to new data from the Medical Group Management Association...
A new study released by the American Hospital Association (AHA) suggests that site-neutral payments could threaten access to care for some of the most vulnerable patients.
Site-neutral payments...
The American Medical Association (AMA) and other physician advocacy groups are calling on CMS to reverse proposed Medicare Physician Fee Schedule updates, which would slash Medicare payment for...
Despite a decades-long push toward value-based payment, physician compensation arrangements at health system-owned practices still primarily revolves around the volume of services delivered, according...
AMGA’s 2021 Medical Group Operations and Finance Survey finds that medical group revenue and expenses fell due to a decrease in volume caused by the COVID-19 pandemic.
The survey found that...
The past year has been tough for AFC Urgent Care Memphis, Tennessee. Like most practices, the small urgent care clinic saw patient volume dip dramatically at the start of the COVID-19 pandemic. And like their peers, this all happened...
Physician practices are up against a changing healthcare environment, and one that has made it harder to survive. Declining reimbursement rates, industry consolidation, and new sites of care delivery...
Physician groups are calling the Medicare Physician Fee Schedule proposed rule a mixed bag for practices, which now face a potential reduction in physician reimbursement next year, among other...
Hospitals and corporations now own nearly half of physician practices in the US, underscoring a long-standing trend of physician practice acquisitions by hospitals and other corporate entities, reveals...
Some independent primary care practices joining health system-led Medicare accountable care organizations (ACOs) raised their prices after what researchers called “soft consolidation,”...
The shift away from private practice and toward large, hospital-owned practices has accelerated, according to a new analysis from the American Medical Association (AMA).
AMA reported that less than...
A group of physician practices in Connecticut suing Cigna over COVID-19 reimbursement is actually exploiting a national health emergency by overcharging for COVID-19 tests, the payer recently told a...
Medical liability insurance premiums have begun an upwards trend after remaining relatively steady over the past ten years, according to a new American Medical Association (AMA) analysis that...
Future Provider Relief Fund distributions should prioritize allocation to physician practices struggling with the financial consequences of the COVID-19 pandemic, not just hospitals, physician groups...
As Congress gets ready to pass another COVID-19 stimulus package this week, physicians are once again calling on lawmakers to consider extending the moratorium of the Medicare sequester in a bid to...
The Federal Trade Commission (FTC) has announced plans to study the effects physician group mergers and other recent healthcare facility consolidation deals have had on competition.
In the Jan. 14...
Medical group financial performance generally improved before COVID-19 hit, with independent medical groups generating a profit that year, according to a new report.
The newly released 2020 Medical...
