Explains shift to corporate medicine from @maxxrosenblum

The creator analyzes the decline of independent medical practices, attributing it to falling reimbursements, rising overhead, and private equity buyouts. He breaks down the financial strategy of these firms and argues that a cultural shift among younger doctors, who prefer employment over ownership, is also driving this trend.

Creator: @maxxrosenblum on Instagram

Transcript

Here's everything you need to know about the rise of corporate medicine. And if you stick around, you'll find out that maybe this is as much a cultural problem as it is a corporate one. Medicine used to be about hanging your own shingle. In 1988, 72% of doctors owned their rank own practices, and today, it's less than half. But that decline isn't random. Medicare reimbursement has dropped 33% after inflation since the late nineties, while overhead from electronic records to compliance staff keep

Topics: Health, Business

115,137 views