Throwaway account.
It is quite surprising that more people are not talking about this. I was with a large private EM group (as a scribe) for a long time. It was bought out by a national CMG. Since I already had established relationships, they became pretty candid with me. Physician compensation was slashed by at least 50% on average (more for the faster/younger physicians). Benefits and retirement are still unknown and are in transition. Compensation aside, group moral is essentially non-existent. The CMG keeps boasting about how “you’re still your own group”, etc. But everyone knows they’re full of it. Partners, hell, even friends of many, many years have become fractured. People are leaving, trying to find any democratic position they can, while all the middle-to-older physicians are stuck. CMGs are a cancer to the physician world. .
It was a sad sight to witness. . .
Good luck everyone. . .
