ArticlePhysician Practice Management CompaniesBurns, Lawton R.Author Information Lawton R. Burns, Ph.D., M.B.A., is Associate Professor, Department of Health Care Systems, The Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania. The author thanks Jacque Sokolov, M.D., and two anonymous reviewers for their comments on an earlier version of this article. Research support was provided by the American Society of Ophthalmic Administrators. Health Care Management Review: October 1997 - Volume 22 - Issue 4 - p 32-46 Buy Abstract Physicians are increasingly courted by insurers and hospitals as partners for integrated delivery systems. A new integrative option has emerged for physicians-the physician practice management company (PPMC). PPMCs have formed in response to several supply and demand factors. They hold out great promise for physicians, but closer scrutiny suggests that this promise has not yet been realized. PPMCs warrant managerial and research attention due to their contracting potential as physician networks in dealing with employers and payers. Copyright © 1997 by Aspen Publishers, Inc.