Physician Group Practices | BraveLabs

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Impact of group medical practice on patients and
physicians.
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Group medical practices are just one kind of
medical practice.
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But they are under pressure from increased costs
and competition.
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Only 49.1 of patient care physicians worked in
physician-owned practices.
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This is drastically lower than 54 of physicians
who were working in group practices in 2018
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This is a concerning trend in the healthcare
industry.
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Group practices are important for patients and
physicians.
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Group practices allow physicians to employ the
economy of scale in their own favor.
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They act as a support group within the
profession.
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They offer better work-life balance and give
fewer chances of suffering from burnout.
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Group practices are also located where hospitals
dont operate due to high costs.
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Without group practices, millions of people lose
their access to easy and affordable healthcare.
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Group practices also result in better treatment
outcomes.
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Growing a group medical practice can be tough.
But it doesnt have to be that way.
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