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Staying Independent as a Wound Care Physician: Common Questions

practiceownership

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Answers to common questions from wound care physicians weighing whether to sell, stay independent, or cut administrative load first.

Why do so many physicians sell their practices?

In one survey of owners who sold, 70.8% cited better payer rates, 64.9% cited access to costly resources, and 63.6% cited managing payer paperwork as important reasons.

Is private practice still common?

Less than it was. Private practice fell from 60.1% of physicians in 2012 to 42.2% in 2024. As of January 2026, 82% of US physicians are employed. Read the full numbers in 82% of physicians are employed.

Can software fix payer rates?

No. Software does not change what payers pay. It can reduce the time spent on documentation and the errors that cause rework.

What part of paperwork can be reduced?

Chart drafting, measurement capture, and pre-signature checks are the usual targets. See the wound care documentation system for how these fit together.

Will this protect me in an audit?

No tool guarantees an outcome. Consistent, complete notes help, and it's worth knowing what Medicare reviewers look for.

What does it cost to try?

The EMR has no seat fees, and you're charged only when a chart is drafted. Details are in the free EMR FAQ.

How do I choose an EMR?

Use the step-by-step checklist to compare options on your own terms.