Jove
Visualize
Contact Us

Related Experiment Videos

Protecting the value of your practice.

S McEachern

    Managed Care (Langhorne, Pa.)
    |August 6, 1994
    PubMed
    Summary

    Physician practice values are declining due to managed care. This trend makes it harder for solo and small group practices to sell and impacts retirement planning for many doctors.

    Related Concept Videos

    You might also read

    Related Articles

    Articles linked to this work by shared authors, journal, and citation graph.

    Sort by
    Same author

    Invest in direct contracting, ties with employer-payers.

    Health care strategic management·1996
    Same author

    Orthopedics one of easiest product lines to integrate.

    Health care strategic management·1996
    Same author

    Risk-shared outsourcing will soar as build-or-buy solution.

    Health care strategic management·1995
    Same author

    Medicaid managed care: hospitals need a "safety net".

    Health care strategic management·1995
    Same author

    Survival demands embracing Medicare managed care.

    Health care strategic management·1995
    Same author

    Geisinger Health System mines for Medicare population with its Health Plan Gold.

    Health care strategic management·1995
    JoVE
    x logofacebook logolinkedin logoyoutube logo
    ABOUT JoVE
    OverviewLeadershipBlogJoVE Help Center
    AUTHORS
    Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
    LIBRARIANS
    TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
    RESEARCH
    JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
    EDUCATION
    JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
    Terms & Conditions of Use
    Privacy Policy
    Policies

    Area of Science:

    • Healthcare Management
    • Medical Economics

    Background:

    • Physician retirement planning often relies heavily on the valuation of their medical practice.
    • The increasing prevalence of managed care arrangements significantly influences practice economics.

    Purpose of the Study:

    • To analyze the impact of managed care on the valuation of solo and small group medical practices.
    • To assess the effect of declining practice values on the availability of potential buyers.

    Main Methods:

    • Qualitative analysis of market trends in healthcare reimbursement.
    • Review of practice sales data in markets with high managed care penetration.

    Main Results:

    • Managed care strategies are demonstrably reducing the market value of independent medical practices.
    • Fewer buyers are actively seeking to acquire practices, particularly those heavily reliant on managed care contracts.
    • This creates significant challenges for practice owners nearing retirement.

    Conclusions:

    • Physicians in solo and small group practices must reconsider reliance on practice value for retirement.
    • The financial implications of managed care require proactive financial planning beyond traditional practice sales.

    Related Experiment Videos