Is the Future of Your Independent Orthopedic Practice at Risk?
What you should know about remaining independent
There has been a significant trend toward hospital system consolidation and vertical Integration in recent years. This trend has resulted in an increasingly competitive relationship between independent orthopedic specialists and hospitals. Succeeding in this environment requires independent practices to form deeper partnerships with primary care providers in their service area.
Independent doctors are invaluable to the healthcare system, doing everything from improving patient engagement to providing high-quality care at a low cost. However, independent practitioners also have to deal with several challenges. These challenges may include government regulations, complex payment processes, staffing issues, negotiations with insurance companies, and the rising costs of care.
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