New AMA report on physician practice ownership and other practice attributes
A recent report by the AMA describes changes in physician employment status and practice size, type, and ownership between 2012 and 2020. The content of the report is based on the AMA’s Physician Practice Benchmark Survey. Although the 2020 data are consistent with earlier trends, the size of the changes since 2018 suggest that the shifts toward larger practices and away from physician-owned (private) practices have accelerated.
- 2020 was the first year in which less than half (49.1%) of patient care physicians worked in a private practice, a drop of almost 5 percentage points from 2018.
- 17.2% of physicians were in practices with at least 50 physicians in 2020, up from 14.7 % in 2018.
We hope you this information helpful. Please stay tuned for other reports based on the Benchmark Survey later this year and into 2022.