It’s a new generation – The topsy-turvy ride of PPMCs
Abstract: Physician practice management companies (PPMCs) rose and fell during the 1990s. After acquiring dozens of medium-to-large multispecialty and single-specialty physician practices, most of these organizations failed and declared bankruptcy. The consensus is that the PPMC concept didn’t work because it was both premature and poorly executed. But now, a new generation of PPMCs has emerged with a stronger value proposition. This article explains how PPMCs can fill several gaps in the abilities of physician practices to thrive in a highly dynamic health care environment.