2020 Physician Office Market Report

2020 was a difficult year for physician offices as patients put off routine office visits due to COVID-19 and offices experienced extreme revenue losses.  The 2020 Physician Office Market Report analyzes major market trends impacting the industry including COVID-19, physician employment trends and reimbursement trends. 

  • Primary care practices are expected to lose $15 billion due to the pandemic
  • 43% of physician offices reduced staff and 72% of physicians had income reductions during the first several months of COVID-19
  • By 2033 a shortfall of 54,100 to 139,000 physicians is expected

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