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FOR IMMEDIATE RELEASE

Jul 1, 2021

Contact: Grant Herring
media@obfassociation.org

Avalere: Hospitals and Corporations Own Nearly Half of U.S. Physician Practices

A 2021 study by Avalere found hospitals and corporations own nearly half of U.S. Physician Practices


From the study:

 

  • “[A]cross regions, hospital ownership of [physician] practices grew between 6 percent and 11 percent” over the last two years. 

  • “The COVID-19 pandemic accelerated a long-term national trend of hospitals and corporate entities acquiring physician practices and employing physicians. During the two-year period, these entities acquired 20,900 additional physician practices. Forty-eight thousand additional physicians left independent practice for employment by hospital systems or other corporate entities.” 


Read the Study



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