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.
Star-Ledger: Ads try to hide the real cause of those sky-high surprise medical bills
Read the full story at the Star-Ledger. Most people assume that if they are treated at a hospital in their insurance network, the doctors they see will accept their insurance. But that’s not always the case. Since 2010, an increasing number of hospitals have...
Financial Times: Congress examines private equity role in surging healthcare costs
Below is an excerpt from the Financial Times. Sonji Wilkes from Englewood, Colorado, had taken care to ensure her health insurance was up to date in preparation for her baby’s arrival. Tom was born with severe haemophilia and had to be transferred for specialist care...
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...
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...
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...
ICYMI: The Price Surprise Bill Ad Buys Continue
Below is an excerpt from Politico Pulse AND THE PRICEY ‘SURPRISE BILL’ AD BUYS CONTINUE — A coalition of mainly insurer and employer groups is launching today a multi-million ad buy attacking private equity groups for trying to sink “surprise” bill legislation....
ICYMI: Investors’ Deep-Pocket Push To Defend Surprise Medical Bills
Below is an excerpt from Kaiser Health News Investors’ Deep-Pocket Push To Defend Surprise Medical Bills As proposals to ban surprise medical bills move through Congress and state legislatures with rare bipartisan support, physician groups have emerged as the loudest...
ICYMI: Dueling industry groups to run surprise medical bills ads during Democratic presidential debate
Below is an excerpt from Open Secrets Dueling industry groups to run surprise medical bills ads during Democratic presidential debate As patients get slapped with unexpected pricey bills for medical services provided by out-of-network physicians, Congress is...
ICYMI: Fix Surprise Billing and Make Health Care More Affordable
Below is an excerpt from a Morning Consult Op-Ed by D. Taylor and James Gelfand Employers provide health benefits to over 181 million Americans who overwhelmingly like and want to keep this coverage. We recognize, however, that rising prices – particularly...