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MACRA May Oust Smaller Practices

by HealthLeaders Media News

HealthLeaders Media

Article excerpt

Physicians: MACRA Threatens Small Independent Practices

A BlackBook Research survey of 1,300 physician groups of five or fewer clinicians found 67% of such physician practices believe their independence will end with MACRA. Solo practitioners make up 17% of physician practices; 22% of physicians work in practices of no more than four doctors, according to the AMA.

Our take

Is It Time to Assimilate?

Small physician practices are moving to minimize their participation in Medicare, faced with looming administrative burdens that they simply don’t believe they can respond to. Does MACRA mean the end of small, independent physician practices? Some docs think so. What might this mean for your practice?

The cost of technology and the increasing burden of regulatory and reporting requirements are making the challenges of operating a small, private practice almost insurmountable for many physicians. The ability to maximize data security is also increasing in importance and requiring additional resources. Collaboration, alignment—and even assimilation—among small practices and larger health systems is increasing. It’s time for practices of all sizes to begin considering what they may look like in the future.