ITEMS IN FPM ON TOPIC:
Practice management companies
Reflects on signs that large-scale integration of health care organizations may not be working and that a new kind of smallish group practice may be what's needed.
The article focuses on physicians who've sold their practices to physician practice management companies, hospitals and health systems, only to find themselves forced to "buy back" their practices or find an employed position when the larger entity's integration strategy fails. In exploring this trend, the author examines its effects on patient care and on the health care industry as a whole, as well as on family physicians.
In this article, the second of a two-part series, the author offers do's and don'ts in responding to PPMC overtures and discusses how to evaluate and compare PPMCs.
The purpose of this article is to look more closely at the operation of physician practice management companies -- who they are and what they do -- and to explore the advantages and disadvantages of such operations.