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Corporate healthcare ownership reduces care quality, physician survey finds

December 6, 2023


The new survey highlights frustration from providers over the growing corporatization of healthcare. Some are being pushed toward an exit, while others are embracing unionization.

“The patient-physician relationship is the foundation of our healthcare system,” said Kelly Kenney, CEO of the Physicians Advocacy Institute, in a release accompanying the study. “With corporate ownership comes a higher emphasis on financial outcomes and shareholder returns. This focus on the bottom line can interfere with best clinical practices.”

Corporate ownership has surged in recent years. Corporations bought 13,600 physician practices in 2021 alone.

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