AMA: Practice ownership no longer the majority among physicians

The proportion of patient care physicians who have an ownership stake in their medical practice dropped below 50%, marking the first time that physician practice owners fell under the majority since practice arrangement trends have been documented, according to a new study by the AMA.“Patients benefit when physicians practice in settings they find professionally and personally rewarding, and the AMA strongly supports a physician’s right to practice in the setting of their choice,” Andrew W. Gurman, MD, president of AMA, said in a press release. “The AMA is committed to helping physicians navigate their practice options and offers innovative strategies and resources to ensure physicians in all practice sizes and setting can thrive in the changing health environment.”