I would consider our group to be a very good private group, and we are located in both very rural and very urban areas. While we do face competition from other pp groups, Hospital corporations, and academic programs, we have been able to succeed. The RO APM will, of course, be a challenge, but per our payers we cost 1/5th that of the large academic center with which we compete, with equivalent outcomes. As a result, I think we will be decently well-positioned compared to more costly operations.
The day of the small radonc practice was becoming numbered when I left training 10 years ago, and that was somewhat due to the incoming cost of IMRT/IGRT/SRS/SBRT/4DCT/HDR etc. Look at all those acronyms, whew. Remember that they weren’t necessarily mainstream 10 years ago, and the equipment cost to be able to provide them is high. I trained at a progressive institution and knew what was coming. With larger practices comes increased purchasing power with respect to radiation hardware and software and ability to market enough to compete with larger systems. Helps on the “negotiating with payers” side of things too.
There are plenty of examples of smaller practices that disprove what I said above, no doubt. Many of very good radiation oncologists provide very good care at small practices and are doing well, but at least in our market it’s become tougher for them to compete.
So, in conclusion to the rant, there are private practices that are doing well, are competing well, and look forward to continued success. They will hire people at some point, there will be pp jobs available, just as there have been.
However, the number of them has dropped a little (smaller practices either selling or -in our market this happened- simply closing as the guy retired), while the number of trainees has doubled. Math. Just a simple math issue.
Not everyone wants to work in academics, and that’s ok. So, if it’s becoming much more difficult to get a good pp radonc job, you’re naturally going to have a lot of people who are no longer going to be interested in the specialty. Shame, though, because I know several practicing radoncs in academics from my era who started thinking private practice and changed their minds.
It’s also a shame because I really do enjoy being a radiation oncologist and think our future is bright. (Granted, I just heard Bob Timmerman talk, which definitely helps.) I want good medical students to be interested in the field, because I also think from a “being a clinician” standpoint it’s just fantastic. Additionally, Bob Timmerman has shown what kind of impact you can have as a clinical academic, and I know of several lab-based MD/PhDs who are doing great work. However, until a good balance of number of trainees vs diverse job opportunities is found, I can’t blame anyone for thinking twice.