Hospital employment on the rise among primary care physicians

Hospital employment among doctors is gaining popularity. The number of hospital-employed primary care physicians increased from 10 to 20 percent from 2012 to 2014, while those who owned single-specialty private care dipped from 12 to 7 percent, according to a new survey from Jackson Healthcare. Thirty-seven percent of the 1,527 physicians surveyed from April 18 to June 5 said they didn't want to deal with the administrative hassles of owning a practice, while 33 percent said they wanted to be a doctor, not a business person. "Overall, the lifestyle that employment offers is the underlying factor driving physician preference," the survey read. High overhead costs contributed to physicians leaving private practice, along with reimbursement cuts and lack of resources to comply with the Affordable Care Act. Survey