Primary care physicians are moving to hospitals and private equity, raising healthcare costs

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Primary care physicians are moving to hospitals and private equity, raising healthcare costs

Almost half of all primary care physicians are affiliated with hospitals, and an increasing number of physician practices are being acquired and consolidated by private equity firms, according to a recent study by Brown researchers. Compared to independent firms, these consolidated firms may lead to increased costs and limit access to primary care providers for patients.Between 2009 and 2022, the percentage of PCPs employed by hospitals rose fro…