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Monday, April 23, 2012

PHYSICIANS FOUNDATION HEARS STRATEGIES FOR SAVING PRIVATE PRACTICE

“The stream of physicians leaving private practice for employment has become a torrent,” according to a report presented to The Physicians Foundation, but that doesn’t mean private practice is dead. The same forces driving doctors out of traditional forms of practice also make possible some innovative new models. “Robust models of private practice exist that are viable, sustainable, and professionally rewarding, even in today’s health care environment,” the 53-page report concluded. A separate study from health care analyst Jeff Goldsmith, PhD, says The Physicians Foundation should “create a Center for Medical Practice Innovation to foster and help replicate successful innovations in physician practice.” Dr. Goldsmith’s paper found that the pending retirement of the baby boom generation of physicians and the entry of millions of boomers into Medicare are responsible for “much of the turmoil in the physician market over the past five years.”

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