BC Advantage - 2017 Issue 1
Can Specialty Physicians Survive in the Current State of Healthcare?
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Article Overview
This article discusses the growing administrative burden on specialty physicians and how payer requirements, audits, technology changes, and employment models are affecting practice operations and physician satisfaction. It also covers broad survival considerations for independent practices and for physicians in employed settings, including contract awareness, compensation structure, billing oversight, and practice-management support. The piece is intended for physicians, practice leaders, and healthcare professionals evaluating practice models and operational challenges.
Why This Topic Matters
It helps readers understand the business and administrative forces shaping modern medical practice and highlights the kinds of operational issues that influence whether physicians remain independent or join larger organizations.
Article Sections
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Administrative burden and physician satisfaction
Discusses how paperwork, payer requirements, and technology-related tasks are affecting physician time and morale. The section frames broader concerns about workflow and professional satisfaction.
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Payer influence, audits, and network pressure
Covers audit activity, prior authorization, and narrowing provider networks as examples of external pressures on medical practice. It focuses on broad healthcare administration and oversight trends.
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Independent practice versus hospital employment
Reviews the decision points physicians face when choosing between remaining independent and joining a hospital system. It addresses the business and organizational tradeoffs involved in each path.
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Survival tips for independent practice and employment options
Summarizes general practice-management considerations for both independent and employed physicians. The section addresses operational, contractual, and compensation-related topics at a high level.
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Author information
Provides background on the author and her professional role in healthcare consulting and speaking.
What You Will Learn
- How administrative demands are affecting specialty physician practice life
- What broad payer and audit pressures are discussed in relation to medical practice
- What high-level factors physicians consider when choosing between independence and employment
- What general practice-management topics are emphasized for physicians and staff
Who Should Read This
- Specialty physicians
- Independent medical practices
- Employed physicians
- Practice managers
- Healthcare administrators
- Physician consultants
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