More Hospitals Are Buying Physician Practices

More Hospitals Are Buying Physician Practices

Hospital ownership of physician practices—including urgent care centers—has jumped a whopping 86% in just 4 years, according to new data from the Physicians Advocacy Institute. That means one out of every four practices is now owned by a hospital, overall. For hospitals, owning practices not physically connected to their facility allows them to keep patients “in the family” even when they’re not on campus, which also allows them to keep fees in-house as well of …

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