Doctors Accepting Hospital Employment for Relief from Medical Malpractice Costs

side note: This article details the reasons why many doctors are moving from solo, self-employed practice to working for a hospital system. This trend is troubling to many in the healthcare industry because it concentrates the physician force in certain areas. One of the reasons that many physicians are opting to work for a hospital rather than remain self employed is because the hospital system will pay their medical malpractice insurance costs. In today’s healthcare environment, where margins are shrinking and medical malpractice costs remain stiflingly high, the hospital-based employment looks very attractive.

Despite a statewide shortage of available medical specialists, hospitals in the SouthCoast region are maintaining their specialty care by pursuing multiple strategies for bringing new physicians on board.

St. Anne’s Hospital in Fall River, part of the Steward Health Care system, and Southcoast Hospitals Group, with hospitals in Fall River, New Bedford and Wareham, are both successfully expanding their physician base despite work force shortages. But they are using very different methods to do it.

Southcoast Hospitals Group is actively recruiting for primary care providers in all three of its markets, along with urologists and endocrinologists, according to vice president of business development Cynthia Marlborough, who said the hospital system is aware of shortages.

continue reading

You may also like

Legislative panel approves medical malpractice bill
Read more
Urgent-care centers: Illinois numbers grow as time-pressed families seek low-cost option to ERs
Read more
Global Center for Medical Innovation launches
Read more

Recent Posts

California Healthcare Providers, Trial Attorneys, Legislators Reach Deal to Increase MICRA Cap

Corporate Acquisitions Accelerating Surge in Employed Physicians

AM Best Maintains Negative Outlook for MPL Segment in 2022, Cites Rising Loss Costs, Increasing Severity, Diminished Reserves

Popular Posts

PIAA 2017: Current Trends & Future Concerns

New Report: Best and Worst States for Doctors

Urgent-care centers: Illinois numbers grow as time-pressed families seek low-cost option to ERs

Start Your Custom Quote Process™

Request a free quote