Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.
Early adoption of multiple practice affiliations signals this trend "will become the norm rather than an exception," experts write in the Journal of the American College of Radiology.
Indiana University radiologist Richard B. Gunderman, MD, PhD, shared the story of an anonymous colleague's moral distress, hoping to humanize this issue.
Compared to other healthcare workers, technologists may have a more positive outlook of their career trajectories and how outside forces may affect them.
“The effect will be a ‘double tax’ on small medical practices, without the protections enjoyed by other small businesses or corporations,” the Society of Interventional Radiology says.
About 46.9% of physicians in the specialty said they work in a setting wholly owned by physicians, down from 63.6% in the inaugural 2012 survey from the American Medical Association.