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2017 Physician Market Report: How Consolidation, Reimbursement Trends, and Consumer Demands are Impacting Physician Offices - Research and MarketsThe "2017 Physician Market Report" report has been added to Research and Markets' offering. The 2017 Physician Market Report looks at how consolidation, reimbursement trends, and consumer demands are impacting physician offices.
Market-At-A-Glance In the past year, 74% of U.S. adults visited a primary care physician, while 38% visited a specialty physician. Annually, there are 884.7 million physician office visits, which bring in $513 billion in revenue to practices. An aging population and newly insured patients has driven new volume for physician offices, and demand for medical supplies. The leading factor for growth in the primary care market over the next five years ispopulation growth. One In Four Physician Practices Are Owned By Hospitals The cost of maintaining a practice and cuts to reimbursement have caused many physicians to sell their practices and become health system employees.
Practices Are Adapting To Healthcare Consumerism Practices are taking steps to attract new patients and cultivate patient loyalty:
Physicians Feel Burdened By Regulations, Bureaucracy Physicians spend significant hours on paperwork, and find dealing with paperwork and regulations to be the least satisfying aspects of practicing medicine.
For more information about this report visit https://www.researchandmarkets.com/research/bfm6cd/2017_physician?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180109006505/en/ |