Want to make a decision that aligns with your values and priorities? Think again. Decisions about the practice’s direction and priorities are made by outside investors and corporate executives rather than the physicians themselves.
Physicians with low autonomy are much more likely to experience burnout, job dissatisfaction, and low engagement.
Patient Outcomes Are Worse
According to a 2019 study on urology practices, patients who received care from independent practices had lower rates of hospitalization, fewer emergency visits, and lower total healthcare costs compared to patients who received care from hospital-owned practices.
Get used to a Lumbering Bureaucracy
Hospital-owned practices have more bureaucracy and administrative red tape, which can result in more time spent on non-clinical tasks and less time spent on patient care.
Work/Life Balance Is Not A Priority
Hospital-owned or private equity-backed practices usually have more rigid schedules and less flexibility, which can negatively impact your work-life balance. Investors are never going to put your work-life balance ahead of their financial returns.
The Culture Stinks
In large systems, it’s hard to develop a strong, positive, and supportive culture. New policies, procedures, and an ever-changing physician workforce make it difficult to collaborate and grow.
Fewer Sub-Specialty Opportunities
Sub-specializing can enhance your reputation and career, improve patient outcomes, and satisfy your personal interests while keeping you engaged with work.
The lack of these opportunities in non-independent groups means less career advancement, lower job satisfaction, and decreased earning potential.
The opportunity to sub-specialize is seen by some physicians as a key factor in their career satisfaction and success.
Independent Practices are Hiring
There are opportunities throughout the country to work at truly independent urology practices.
Get A Free Mentoring Call
Lots of young urologists, especially those in residency, have questions about their options. Schedule a call with one of our experts:
Tamra Lewis, MD – Urologist and Managing Partner
- Patient Care in Private Practice & Work/Life Balance
- Leadership & Professional Development
- Practice Ownership
Dan Schonwald – Urology Practice Administrator & Healthcare Veteran
- Contract Negotiation Tips
- Compensation Rates
- Business of Urology