The healthcare sector is vulnerable to policy amendments, regulations, technology and trends that shape the global market. It is evident that these changes have a huge impact on individual practices. Major challenges the physicians wanting to remain independent face are maintaining information technology and quality and safety compliance, which are mandatory and can be expensive.
However, recent reports suggest that contracting with a management company that offers a customized developed model may help physician practice remain independently. These models not only lower the cost of care but are also reported to provide a good patient experience and provider satisfaction. Source: FierceHealthcare
