More than half of hospitals nationwide (52 percent) say they plan to acquire physician practices in 2013 compared to 44 percent that made such purchases last year, according to a new survey by Jackson Healthcare, the nation's third-largest health care staffing company.
The nationwide survey of 118 hospital administrators found that opportunity—rather than strategy—was the overwhelming reason hospitals acquire physician practices. Seventy percent of acquisitions in 2012 began with physicians approaching the hospital to sell their practices.
Other reasons driving hospital's acquisition of physician practices are to build or maintain a competitive advantage (58 and 55 percent respectively) and as part of a physician recruitment strategy (57 percent).
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