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ICYMI: Private Equity Investments in Health Care
A recent video from Kaiser Health News provides a helpful explanation of private equity and its role in health care. Over the last 10 years, private equity has expanded its reach into hospitals and physician practices, as detailed in the video. Unfortunately, these...
ICYMI: Lawsuits Continue to Target the No Surprises Act
In repeated efforts to weaken provisions of the No Surprises Act, certain provider groups are joining forces to support the most recent Texas Medical Association lawsuit that, if successful, is likely to result in higher health care costs for consumers. As too many...
ICYMI: Private Equity Takes on a New Lobbying Effort
A group of private equity-backed physician staffing companies have created an undercover lobbying group focused on surprise medical billing. According to STAT News, the group “Americans for Fair Healthcare” has formed an “under the radar coalition” that will lobby on...
ICYMI: Private Equity Cashes in on Routine Births
Harmful surprise billing practices exacerbated by private equity involvement in health care were recently highlighted by Fortune and Kaiser Health News. Patient Elizabeth Huffner was expecting and past her due date, so when she went into labor and headed to the...
ICYMI: A Tale of Two States – Surprise Billing Laws in California and New York Led to Dramatically Different Costs for Patients
A recent study published in Health Affairs compared policies in New York, where out-of-network bills have increased by 24% because existing state law allows the arbitration process to rely on billed charges (billing charges increased from assistant surgeons and...
ICYMI: Kaiser Health News Highlights the Downsides of Private Equity Investments in Health Care
A recent article from Kaiser Health News highlights how investments from private equity firms can destabilize the American health care system. In one example, a small hospital system in Missouri was struggling to stay open, and the backing of Noble Health, a private...
CASMB Statement on New TMA Lawsuit
Washington, D.C. – The Coalition Against Surprise Medical Billing issued the following statement in response to the latest September 22, 2022, lawsuit filed by the Texas Medical Association challenging portions of the final rule issued on the No Surprises Act: “We are...
ICYMI: New Study Shows Private Equity Firms Overcharge Patients
As private equity becomes increasingly involved in the health care industry, an alarming trend has emerged: private equity-owned medical practices are prioritizing their own financial benefit over delivering high-quality care that patients can afford. A recent study...
ICYMI: Coalition Against Surprise Medical Billing Sends Letter to Tri-Agencies on Final Rule
In light of a final rule issued by the Biden Administration regarding surprise medical billing, the Coalition Against Surprise Medical Billing sent a letter this week to the tri-agencies emphasizing the need to protect patients and their families when it comes to the...
ICYMI: Court Sides with Patients and Upholds No Surprises Act As Constitutional
Most of the surprise billing focus in August has understandably been centered on the highly anticipated final rules related to the arbitration process outlined in the bipartisan No Surprises Act. For those that might have missed it, however, on August 10, 2022, a...