Should I leave my hospital job to start my own practice?
Leaving employed medicine makes sense when three things are true: your dissatisfaction is structural rather than employer-specific, you have 6–12 months of runway, and you have a realistic plan for the operational work of launching.
An honest framework: including when staying is the right call. Figures are cited inline; one sentiment stat is flagged pending a verified source.
Is your problem the employer, or the structure?
This is the diagnosis everything else depends on, and most physicians skip it. There are two distinct reasons doctors want out, and they have different correct answers.
Employer-specific problems: a bad manager, an unreasonable call schedule, a specific RVU target: can sometimes be fixed by renegotiating or switching groups. If that's your situation, a job change is faster, cheaper, and less risky than a launch.
Structural problems travel with you. Loss of autonomy over your schedule and panel. The 12-minute visit. Documentation built for billing rather than patients. If these are your complaints, another employer rarely fixes them, because every employer runs the same model: independence does, because it returns the levers.
of U.S. physicians remain in private practice: fewer than half, a historic inversion of how American medicine was organized (AMA 2024 Physician Practice Benchmark Survey).
of DPC physicians report satisfaction, versus 57% of non-DPC physicians; 49% report no burnout versus 14% (AAFP). Self-selection inflates this, but the gap is large and consistent.
Direct Primary Care practices nationwide: grown from a fringe idea to a mature option (DPC Frontier counts ≈3,081 across all 50 states).
A physician-sentiment survey suggests roughly a third are actively considering leaving their current situation.
Where physicians work has inverted
Share of U.S. physicians in hospital-owned practices and directly employed by hospitals, 2012 vs 2024.
Hospital-owned rose 23.4% → 34.5%; directly employed 5.6% → 12.2%. Source: AMA 2024 Physician Practice Benchmark Survey.
If your frustration would follow you to the next employer, independence is the only option that fixes the cause.
The structural test
The satisfaction gap is the most striking number
For physicians whose dissatisfaction stems from loss of control, independence targets the actual cause: and the data, even discounted for self-selection, is hard to ignore.
DPC vs non-DPC physicians
Self-reported. Source: AAFP.
The three-part readiness check
If the diagnosis comes back "structural," run three checks before doing anything irreversible: conviction (track the dissatisfaction for 60–90 days: is it durable or a bad quarter?), runway (plan 6–12 months of personal expenses, because revenue ramps as the panel fills), and operational load (the hundred setup tasks where most launches actually stall: yourself over months, or delegated in a compressed timeline).
How long does your runway last?
Adjust your runway, conviction, and launch approach. The chart projects personal cash (in months of expenses) over two years; the readout gives an honest verdict.
Illustrative model for orientation, not financial advice. Assumes the panel ramps to self-sustaining over ~12 months; a delegated cash-pay launch opens in weeks, a DIY launch in ~6–12 months.
When staying employed is the right answer
An honest framework has to include this. Stay: or switch employers rather than launch: if any of these describe you:
- You prefer zero administrative ownership; a fixed salary with someone else running the business is what you actually want.
- Your income depends on high-volume, insurance-reimbursed procedures that cash-pay models don't fit.
- You have no runway and can't build it soon: launching from desperation forces bad decisions.
- Your dissatisfaction is genuinely employer-specific; switching groups is a two-month fix, not a twelve-month project.