Maine Medicine Weekly Update - 06/05/2017  (Plain Text Version)

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In this issue:
IN THE SPOTLIGHT
•  Physicians' Day a Success!
•  MMA, Lown Institute and Colleagues Present "Challenges to Professionalism in a Time of Change" in Portsmouth, June 17
•  MMA Board of Directors to Meet on Wednesday, June 7
•  Harvard Pilgrim Seeks 39.7% Premium Increase in the ACA Marketplace, Smaller Increases Sought by Anthem and CHO
•  Physician-Owned Practices Dip Below 50 Percent
•  U.S. Senate Deliberates on Health-System Reform Legislation
•  CMS Releases New Resources to Help Clinicians Successfully Participate in QPP
128TH MAINE LEGISLATURE
•  Weekly MMA Legislative Committee Conference Call Information
•  Legislative Highlights of the Week
•  Call Your Legislators: L.D. 46 Eliminating Physician Exemption from Jury Duty Poses Threat to Physician Practices
UPCOMING EVENTS
•  Online Learning Opportunities Offering CME Credits - from the Northern New England Practice Transformation Network
•  Time is Running Out...Will You Be Compliant on July 1st With The New E-Prescribing Mandate? Free Webinars on June 7 & June 14
•  How Can I Choose Wisely? A Community Conversation on Healthcare Changes and Rising Costs June 8
•  June 20 Webinar: Recognizing When Patients Have Concerns About the Cost of Their Health Care
•  National Medicare Education Program June 28
HEALTHCARE EMPLOYMENT OPPORTUNITIES
•  Family Medicine Physician - Pittsfield, ME
•  Family Medicine Physician - Maine Medical Partners Primary Care - Standish, ME
•  Primary Care Physician - Eastern Maine Medical Center
•  Outpatient Only - Internal Medicine with Loan Repayment & Sign-on Bonus
•  Part-time Clinical & Part-time Research Position in Central Maine
•  Family Medicine Physician - Winthrop, ME
•  DO or MD Physician - Augusta, ME
•  Family Medicine Physician - Waterville, ME
•  Family Medicine Physician/Clinician Leader - Portland, ME
•  Family Medicine - Windham, ME
•  Family Nurse Practitioner/Physician Assistant Wanted
•  Physician - Lubec, ME
•  Nurse Practitioner - Swift River Family Medicine - Rumford, ME
•  Physician Assistant/Nurse Practitioner - Bridgton, ME
•  UNE Graduates First Class of Dentists

 

Physician-Owned Practices Dip Below 50 Percent

For the first time, fewer than 50% of medical practices are physician-owned.

Less than half of practicing physicians own their own practice, according to 2016 data collected in a nationally representative survey of 3,500 U.S.-based physicians who provide at least 20 hours of patient care per week and are not employed by the federal government.

2016 marks the first year in which physician practice ownership is no longer the majority arrangement. According to data drawn from the AMA's Physician Practice Benchmark Surveys, 47.1 percent of physicians are practice owners. The same percentage of physicians are employed, while 5.9 percent are independent contractors.

The data reflect a trend that has been evident in recent years. In 2012, the first year in which this AMA survey was conducted, 53.2 percent of physicians were owners. That figure dropped three percentage points to 50.8 percent in 2014. The AMA conducted similar surveys in the 1980s, when physician practice ownership was the dominant arrangement. For example, in 1983, by comparison, 76.1 percent of physicians were practice owners, as noted in a 2015 report.

"Patients benefit when physicians practice in settings they find professionally and personally rewarding, and the AMA strongly supports a physician's right to practice in the setting of their choice," said AMA President Andrew W. Gurman, MD. "The AMA is committed to helping physicians navigate their practice options and offers innovative strategies and resources to ensure physicians in all practice sizes and setting can thrive in the changing health environment."