From Independence to Institutions: How the Physician Workforce Transformation is Rewriting MPL Underwriting- Presented by Aon

“The U.S. physician workforce is undergoing a structural transformation – shifting rapidly from independent practice models to employment and platform-based care delivery. Driven by labor shortages, administrative complexity, capital investment, and payer dynamics, this trend is accelerating the corporatization of medicine across specialties.

As Physicians aggregate into larger, multi-site organizations backed by private equity, health systems, and payors, the nature of risk is fundamentally changing.

This session will explore:
•The supply and demand forces driving physician aggregation
•The evolving landscape of buyers and ownership models
•How MSO structures and platform economics are reshaping care delivery
•Why risk is migrating from individuals to institutions

And most importantly, what these structural changes mean for medical professional liability underwriting, including risk concentration, severity trends, and the need for new underwriting frameworks. “