Impact of the Current United States Health Care Environment on Practice: A Private Practice Viewpoint.

Hand Clin · May 2020 · Review

McClelland WB, McCollam SM

Peachtree Orthopedics, 2001 Peachtree Road, Suite 705

General Orthopaedics

SUMMARY — THE REDUCTIONDescribes how regulatory burdens, financial pressure, thinner reserves, and lack of guaranteed referrals challenge private practice physicians in today's U.S. health care environment, and why they must stay nimble.
Abstract, as published

The evolving healthcare landscape creates unique challenges for private practitioners. They experience the same issues that face physicians in general - including increased regulatory/documentation burdens and downward financial pressures - but without the safety nets that exist in larger healthcare systems. Costs are born more directly, as there are fewer providers over which to spread expenditures. Financial reserves are less robust, making margins thinner to maintain profitability. Guaranteed referral streams are absent, requiring additional effort and creative solutions to maintain patient volume. As hospital systems expand, private practitioners must remain nimble, while maintaining excellent service and outcomes, in order to stay ahead.

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