Private Equity Firms Exploit Patients
Seeking Emergency Care
The growing presence of private equity-backed providers is becoming an all too common influence in the health system – and one of the leading drivers behind egregious surprise medical bills that bankrupt families across the country. Learn more about how private equity firms exploit the market at the expense of patients – and why surprise medical billing reforms need to address the soaring cost of these bills.
(Boston Globe) Ending surprise billing: A moral test for physicians
Below, see highlights from an op-ed published in the Boston Globe: Ending surprise billing: A moral test for physicians by Ashish K. Jha, M.D., MPH. To read the full piece, click here. "Most people, quite reasonably, think that if the hospital is in-network,...
Do They Or Don’t They? It Sure Looks Like Private Equity Firms Balance Bill Consumers
Recently, the private equity companies behind the most egregious surprise billing practices have tried to distance themselves from their bankrupting charges. They say they aren’t balance billing patients, but their actions suggest the exact opposite. We’ve been...
While You Were Carving Turkey… Private Equity Firms Were Digging In For More Profits From Patients
While you were preparing your Thanksgiving feast, ProPublica published a harrowingnew investigation about aggressive debt collection lawsuits from TeamHealth against low-income patients struggling to pay staggering bills. Since 2017, Southeastern Emergency Physicians,...
White House: We’re ready to bring an end to surprise medical bills, is Congress?
Below is an excerpt from an op-ed published in USA Today. To view the full op-ed, click here. White House: We're Ready To Bring An End To Surprise Medical Bills, Is Congress? (Nov. 27, 2019) By Joe Grogan, Director of the White House Domestic Policy Council After...
Health Affairs: Private Equity and Powerful Physician Groups Raise Another Distraction
Below is an excerpt from Health Affairs. To view the full post, click here. Health Affairs: Private Equity and Powerful Physician Groups Raise Another Distraction (Nov. 19, 2019) By Hunter Kellett, Alexandra Spratt, Mark E. Miller, Arnold Ventures This summer,...
Hospital sticker prices can rise faster than inflation
Below is an excerpt from Reuters. Click here to read the full story. Reuters: Hospital sticker prices can rise faster than inflation Nov. 11, 2019 By Lisa Rapaport U.S. hospitals’ sticker prices for two common sources of surprise medical bills have climbed far faster...
With Medical Bills Skyrocketing, More Hospitals Are Suing for Payment
At a time when surprise medical bills from private equity-backed physician staffing firms are bankrupting patients, the New York Times recently highlighted how hospitals across the country are ramping up legal action against patients over medical debt. It’s one of the...
Patient Blindsided By $11,000 Surprise Medical Bill
As Congress considers proposals to address surprise medical billing, patients across the country continue to bear the brunt of this growing affordability problem. The latest example: after recovering from a double lung transplant, Tom Saputo was blindsided by an...
Harvard Business Review: The Role of Private Equity in Driving Up Health Care Prices
Below is an excerpt from Harvard Business Review. Click here to read the full article. Harvard Business Review: The Role of Private Equity in Driving Up Health Care Prices Oct. 29, 2019 By Lovisa Gustafasson, Shanoor Seervai, and David Blumenthal Private investment...
New Poll Shows Voters Want Congress to Take Action on Surprise Medical Bills, Prioritize Reforms That Lower Premiums and Costs for Consumers, Businesses and Taxpayers
More than 70% of voters would be frustrated if Congress did not pass legislation to regulate the role of private equity companies in surprise medical billing Washington, D.C. – As Congress looks to address surprise medical bills at the end of the year, a new...