Are hospitals actively acquiring physician practices, and if so, which specialties? That’s the question the first in a planned annual survey by Jackson Healthcare sets out to answer. Here are the key findings:
- Over half of reporting hospitals had acquired or were planning to acquire physician practices.
- Family practice and other primary care, including internal medicine and obstetrics/gynecology specialties, were of top interest.
- Cardiology and general surgery specialties also ranked relatively high in acquisition interest.
- The top reason for a hospital acquiring a medical practice was physicians approaching the hospital, seeking to sell their practices. Hospitals bought them primarily to build/maintain a competitive advantage or as part of a physician recruitment strategy.
Source: Trend watch: physician practice acquisitions; tracking which physician practices hospitals are acquiring. Jackson Healthcare, 2013. http://www.jacksonhealthcare.com/media-room/surveys/trend-watch-physician-practice-acquisitions-2012-2013.aspx
Halley MD. Owning medical practices: best practices for sustainable results. AHA Press, 2011. More details for purchasing book: http://ams.aha.org/EWEB/DynamicPage.aspx?WebCode=ProdDetailAdd&ivd_prc_prd_key=48a43cee-9de8-49e8-b0fc-b3445003ff3b
Lister E and Sagin T. Creating the hospital group practice: the advantages of employing or affiliating with physicians. Health Administration Press, 2009. More details for purchasing book: http://www.ache.org/pubs/redesign/productcatalog.cfm?PC=WWW1-2135
Posted by AHA Resource Center, (312) 422-2050, email@example.com
Filed under: Health facility merger, Hospitals, Integrated delivery, Medical staff, Physicians, Posted by Diana Culbertson | Tagged: physician employment, Physician practice acquisitions | Leave a Comment »