They sell their practices to larger entities because a small group or individual cannot fight the two monsters: insurance companies (down coding and arbitrary denials)and government (onerous programs like EMR and lack of oversight of tort laws). Physicians need their own beast to fight back. The patient is caught in the middle.
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Oh please, the physicians are selling to fill their pockets. There are plenty of young physicians to buy practices but PE just pays more and the old retiring physicians always take the biggest check.
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