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Physicians Industry
Insights from D&B Hoovers

Industry Analysis

Description

Offices in this industry provide general or specialized medical care. No major companies dominate.

Competitive Landscape

Physicians are under pressure from government payers and insurers to lower costs while improving quality of care. The profitability of individual practices depends on the reputation, cost, operational efficiencies, and expertise of the physician and staff. Large practices have advantages in leveraging administrative processes and expensive diagnostic equipment. Small practices compete effectively by providing specialized skills and good customer service. Population growth, injury and illness rates, and demographics play a role in demand for services. Physicians practicing in urban areas generally 500 Internal Server Error
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