Becker's Healthcare June 25, 2024
The Physicians Advocacy Institute sent a letter to federal officials regarding the negative effects of consolidation on healthcare. Becker’s connected with Kelly Kenney, CEO of the advocacy group, to find out more.
The letter, which was sent to the Justice Department, the Federal Trade Commission and HHS May 29, called on leaders to protect patients and physicians from corporate entities’ “anti-competitive” practices, such as federal policies that put undue pressure on independent physicians and small practices, leading to further consolidation or practice closures.
According to research commissioned by the institute, hospitals and health systems employed 26% of physicians and owned 14% of physician practices in 2012. However, as of 2024, hospitals, health systems and other corporate entities employ nearly...
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