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Due to massive CMS cuts and stringent healthcare reforms, pace of cardiology practices merging with hospitals and integrated delivery networks (IDNs) has quickened. Rather than operating independently, providers are finding hospital employment appealing due to financial stability.
With integration, practices are shifting risk to hospitals, without having to worry about practice expenses that was the top concern for 87% of doctors who opted for employment with hospitals in 2013. It is also giving them an opportunity to manage and create cardiology programs on a bigger stage.
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