Physician economics are driven by only 10 things. If there’s a gap, you’ll find them here. Check out video. http://www.youtube.com/watch?v=B9306o-k5W8

When it comes to acquiring physician practices, hospital boards have come a long way since the 1990s, during the first acquisition boom. During that time, it was common for hospitals to purchase medical practices at inflated prices, and then lose huge sums of money on their investment for a variety of factors including inefficient physician incentive systems. Hospitals would often end up selling the practice back to the physicians. Research has shown that an ever-increasing number of physician practices are owned by hospitals, according to the 2008 Medical Group Management Association’s annual Physician Compensation and Production Survey, and the trend continues. The difference this time around is that Boards are taking a more strategic approach to acquiring and integrating practices into their health systems. Continue reading →