Physician Practice Trend

Worth reading from the NY Times March 25th issue. More physicians are opting for a salary over being self-employed business people. The Times predicts that this trend will further advance the leverage of the big health system monopolies and drive up health care costs. Maybe.

I contend that it will move more care delivery into organizations that are better able to effect best practices, manage waste, eliminate redundant procedures, incorporate useful information technology and otherwise drive down costs. That said, competitive forces/regulatory oversight will be needed to prevent monopolies from forming(e.g. California.)

Either way, this trend will be especially important to commercial health plans.