The Miami Herald examines the phenomenon of doctors working for corporations, looking at the case of a Miami cardiologist who recently decided to give up her independence and start working for Pediatrix, a large corporation which employs physicians. The company says it pays about what physicians in private practice earn and "respects their independence." The American Medical Association announced earlier this month that it wants a ban on corporate employers, saying the growing trend towards big corporate groups is hurting both physicians and their patients. Critics say "the genie has been out of the bottle" for a long time, but it's worth remembering that Wall Street has been sour on corporate physician companies since the hey-day of Medpartners and Phycor nearly a decade ago.
- see this story from the Miami Herald