In the US, 60% of its 6.9 lakh doctors are in group practices.

ADVANTAGES OF GROUP PRACTICE

1. Cost of practice is shared, so fees become more affordable. Groups can negotiate and execute their terms better with hospitals and insurance companies.


2. When insurance companies introduce capitated payment contracts (fixed fee for a fixed period of time as per disease profile), a group will be able to take on the financial risk.


3. Younger doctors can compete more effectively with established stars in their specialty and establish their practice more quickly and easily by joining groups.


4. Expect setting up of many Medical Office Buildings, a halfway house between a doctor’s practice and a hospital that will provide out patient facilities.

Successful Indian Group Practices.
     1.  Ramesh Cardiology- Bangalore

     2.  Mohan Eye Clinic- Delhi

     3.  Care Heart Institute- Hyderabad

     4.  Prabha Eye Clinic- Bangalore

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