Comment Re: Go into the trades (Score 1) 189
Itâ(TM)s not consolidation of practices under corporate/PE money thatâ(TM)s making it impossible to run a solo practice; that is the symptom of the insurance companies behavior which is making it harder to run a solo practice. They will no longer negotiate rate increases with physicians despite inflation and rising practice costs, which used to be a relatively common thing every few years. Now you get what they offer to pay. Take or leave it. At the same time prescribing medications imaging studies, and procedures has gotten more onerous due to excessive prior authorizations required, many of which are âoereviewedâ by AI and automatically rejected. Iâ(TM)ve been told a PA has to be submitted and rejected 3 times before I will be allowed to speak with a human (half the time pretending to be a âoepeerâ physician, half the time itâ(TM)s an actual physician but a different specialty). Consolidation and selling out to corporate, health system or private equity is the result - you get paid more for doing the exact same thing you were doing and now someone else can handle much of the headache.
Source: am specialist physician about to sell my solo practice to a hospital network practice