Physicians Less Likely to go Solo

The number of physicians initiating solo practices has been declining over the years. The decline in solo practices has been attributed to lower reimbursements in a solo practice, the declining economy, and overhead expenses. Physicians are also looking for a good balance between family and work life, typically it is easier to share call in hospital based or group practices than in solo practices.

The NEJM paper estimated the number of doctors who owns at least part of a practice has declined about 2% annually for the past 25 years.

American Medical News has written an article on the continue decline of physicians choosing a solo practice. Read the full article here:

http://www.ama-assn.org/amednews/2009/10/19/bisa1019.htm