Market: Past, Present & Future

• Past: Era of Physician Practice
  Management Companies (PPMC’s)
  Physicians selling practices to third parties (Phycor, MedPartners, Hospitals, and HMO's)
  Third parties mismanaging physician practices
   

• Present: “Ugly Period”
  End of formal PPMC’s
  Physicians working harder to stay even
   

• Future: Era of Physician Group Cooperation
  Sharing overhead, infrastructure, advanced management services