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Pandemic Fallout: 16,000 Physicians Close Practices After Staff and Income Reductions

By Admin | September 08, 2020

Dallas-based physician search agency Merritt Hawkins found that 59 percent of physicians think COVID-19 will cause independent physician practices to close in its national biennial survey. Approximately 16,000 practices have already closed, across the country and 43 percent of physicians reduced staff, according to the Survey of America’s Physicians.

While nearly three-quarters of physicians have experienced some reduction in income, 55 percent of physicians have experienced income loss of 26 percent or more, according to the survey. With elective procedures being canceled for...(More)

For more informations please read, Pandemic Fallout: 16,000 Physicians Close Practices After Staff and Income Reductions, by D Magazine

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