Market Analysis 2026
The Market Has Changed
Consolidation peaked in 2024. Now, independent practices are resurging. Here's what you need to know.
The Consolidation Wave & Resurgence
From 60% independent (2012) to 42.2% (2024), and now reversing.
2012
60% of physicians in independent practice
Peak independence
2024
42.2% of physicians in independent practice
Consolidation peak
2026
Independent practice resurgence underway
DPC growth 350%
What This Means for Your Practice
Click to explore each section.
Research Sources & Citations
AMA Policy Research Perspectives (2024)
"Physician Practice Characteristics in 2024: Private Practices Account for Less Than Half of Physicians"
American Medical Association. AMA Physician Practice Benchmark Survey 2012-2024.
U.S. Government Accountability Office (September 2025)
"Health Care Consolidation: Published Estimates of the Extent and Effects of Physician Consolidation" (GAO-25-107450)
Comprehensive review of consolidation effects on healthcare market.
JAMA Health Forum (2025)
"Growth of Private Equity and Hospital Consolidation in Healthcare"
Hospital acquisitions increase prices 14% relative to independent practices.
Missouri Medicine (2024)
"The Harm from Private Equity's Takeover of Medical Practices and Hospitals"
Comprehensive analysis of PE acquisition harms and bankruptcy risks.