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Hospital ownership of physician practices is rising

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Hospital ownership of physician practices has grown significantly from 2008 to 2022, new data show. A study from the National Bureau of Economic Research found that acquisition increased 89.5%, from 27.5% in 2008 to 52.1% in 2022. The growth was seen across all specialties, particularly for surgical specialties. From 2008 to 2016, acquisition increased for cardiologists, up 38.4% and general surgeons (28.1%), followed by moderate percent increases for primary care (18.1%) and OB/GYN (20.4%), economists found.

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Hospital ownership of physician practices chart
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