Health2047 Inc., a Silicon Valley-based business formation subsidiary of the American Medical Association, has spun out a company called Emergence Healthcare Group, which offers independent physician practices a turnkey solution.

Emergence said its solution offers complete day-to-day administrative management, including practice management systems/EHR; billing, collections and revenue cycle; marketing, advertising and growth; reporting and analytics; and customer service.

Increasingly, physicians find themselves juggling non-clinical demands with seeing patients. As time and financial pressures mount for each individual practice, less than half of all physicians in the U.S. are choosing private practice, down from 60 percent in 2012, the company said.