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Financial Times: Private equity has inflated US medical bills
Below is an excerpt from the Financial Times. What has been driving these nasty surprises? Outsourcing is clearly part of it. But that’s hardly new: hospitals have been contracting out specialised services for decades as they strive to save costs. A better place to...
STAT Opinion: We need benchmarking, not arbitration, to quell surprise medical billing
Below is an excerpt from STAT. We need benchmarking, not arbitration, to quell surprise medical billing By James Rickert, October 7, 2019 By ending the financial distress and anger that patients can experience when hit with surprise medical bills, and by guaranteeing...
Sen. Shaheen: Tackling Surprise Medical Bills Must Remain At The Top Of The Senate’s Agenda
In a speech from the Senate floor last week, Sen. Jeanne Shaheen (D-NH) describes how private equity firms abuse the health care system to profit off of patients. Read excerpts from Senator Shaheen's floor speech below. "The voices of Granite Staters who are...
Bloomberg Editorial Board: “The problem is readily solvable”
Bloomberg's editorial board weighs in on value of a local, market-based benchmark to end surprise medical billing for good. Congress Can Act Now to Stop Surprise Medical Bills Many health-care questions are difficult and divisive. This one shouldn’t be. By The...
Patients Protected, Providers Paid: Data From Three Years of California’s Compromise to Stop Surprise Medical Bills
Below in an excerpt from Health Access. Read the full report here. AB 72 took effect on July 1, 2017, and now, over two years later, the data is clear: The law is working as intended by consumer advocates, protecting patients from physician balance billing, while...
New USC-Brookings Analysis Reinforces Benefits of a Local, Market-Based Benchmark
A new analysis from the USC-Brookings Schaeffer Initiative for Health provides an early look at the benefits of a benchmark in expanding patient access to in-network care and safeguarding against extreme price hikes from out-of-network providers. The latest report –...
CBO: Fix backed by doctors for surprise medical bills would cost billions
Below is an excerpt from The Hill. A Congressional Budget Office (CBO) analysis finds that a rival approach backed by doctors groups for protecting patients from getting massive “surprise” medical bills would increase the deficit by “double digit billions” of dollars....
Private Equity is Pushing Arbitration for a Simple Reason: It Leads to Higher Prices
How Arbitration For Surprise Medical Bills Leads To Runaway Costs & Higher Premiums By: Avik Roy Read the full story at Forbes. Congress is making progress on surprise medical bills in the emergency room, a problem that is affecting a growing number of patients....
The Choice Facing Congress: Protect Private Equity, or Protect Patients
There’s no way around it: if Congress gives up on ending surprise medical billing, they’re choosing private equity firms over patients. For private equity-backed physician staffing firms, surprise medical bills aren’t an accident—they’re a key element of the business...
Coalition Statement on New CBO Score for H.R. 2328
September 19 (WASHINGTON, D.C.) – Following the release of the Congressional Budget Office’s latest estimates on the cost associated with an arbitration proposal included in H.R. 2328 – Reauthorizing and Extending America’s Community Health Act, the Coalition Against...