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Bloomberg: Private Equity Lands Billion-Dollar Backdoor Hospital Bailout

Jun 2, 2020 | Blog Post, Private Equity

Congress has yet to take action to protect patients from surprise medical bills – leaving millions of Americans at the whim of private equity firms and out-of-network providers. Instead, the federal government has approved massive taxpayer-funded bailouts for...

Coalition Statement on House HEROES Legislation

May 12, 2020 | Press Release, Private Equity

Washington, DC – Following the release of the latest COVID relief legislation from the U.S. House of Representatives, the Coalition Against Surprise Medical Billing issued the following statement: “Establishing guardrails to prevent surprise medical bills from...

ProPublica: Medical Staffing Companies Cut Doctors’ Pay While Spending Millions on Political Ads

Apr 21, 2020 | Private Equity

Below are excerpts from ProPublica. “Private equity-backed medical staffing companies that have cut doctors’ pay are continuing to spend millions on political ads, according to Federal Communications Commission disclosures.” “The ads amount to $2.2...

Kaiser Health News: In Fine Print, HHS Appears To Ban All Surprise Billing During The Pandemic

Apr 17, 2020 | Private Equity

Below are excerpts from Kaiser Health News. Read the full story here. “Federal officials offering emergency funding to hospitals, clinics and doctors’ practices have included this stipulation: They cannot foist surprise medical bills on COVID-19 patients. But...

ProPublica: Medical Staffing Companies Owned by Rich Investors Cut Doctor Pay and Now Want Bailout Money

Apr 10, 2020 | Private Equity

Below are excerpts from ProPublica. “Medical staffing companies — some of which are owned by some of the country’s richest investors and have been cutting pay for doctors on the front lines of the coronavirus pandemic — are seeking government bailout...

ProPublica: ER Staffing Company Reverses Benefits Cuts for Doctors and Nurses Fighting Coronavirus

Apr 6, 2020 | Private Equity

Below are excerpts from ProPublica. “A major medical staffing company said it wouldn’t go through with cuts to doctors’ pay and benefits after ProPublica first reported the plans.” “Alteon Health, which employs more than 1,700 doctors and other...
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