Collin County Living Well Magazine March/April 2016 | Page 28

OrthoTexas:
A Private
Practice
Weathering
the Storm
of Hospital
Consolidation

W

ith the tidal wave of hospital consolidation in healthcare, there’s a public
perception that patients don’t have a
choice when selecting a specialist anymore––this simply is not true. Physician
owned, in-network practices continue to thrive and provide
the most complete access to the highest quality physicians,
therapists, technology, and staff available in the healthcare
industry today. OrthoTexas Orthopedics and Sports Medicine celebrates its fifth year as a premier physician owned
orthopedic practice, sighting its all-inclusive model as a key
differentiator in its success.
Knowing the difference between independent and employed physicians can empower patients to make informed
choices. As healthcare reform pushes higher reimbursement
rates to hospitals, private practices across the country are
being forced to either close their doors, or be acquired by
hospital groups. CNN reported hospital purchases of physician owned practices increased 30 to 40% over the past
five years, which has made finding an independent practitioner increasingly difficult. However, locating one of these
hidden gems not only ensures a higher level of personalize