Group practices are important for the healthcare industry. But do you know how or why? Group practices offer several benefits to both physicians and patients. They have an overall positive impact on the industry. Learn more on our blog.

1. Impact of group medical
practice on patients and
physicians.

2. Group medical practices are just
one kind of medical practice.

3. But they are under pressure from
increased costs and competition.

4. Only 49.1% of patient care
physicians worked in physician-
owned practices.

5. This is drastically lower than 54%
of physicians who were working in
group practices in 2018

6. This is a concerning trend in the
healthcare industry.

7. Group practices are important for
patients and physicians.

8. Group practices allow physicians
to employ the economy of scale in
their own favor.

9. They act as a support group within
the profession.

10. They offer better work-life balance
and give fewer chances of
suffering from burnout.

11. Group practices are also located
where hospitals don’t operate due
to high costs.

12. Without group practices, millions
of people lose their access to easy
and affordable healthcare.

13. Without group practices, millions
of people lose their access to easy
and affordable healthcare.

14. Group practices also result in
better treatment outcomes.

15. Growing a group medical practice
can be tough.
But it doesn’t have to be that way.

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