Physicians Practice April 22, 2024
Federal regulators announce public meeting tomorrow on issue that is divisive in health care.
It appears the Federal Trade Commission (FTC) is ready to ban noncompete clauses that affect an estimated 45% of physicians, along with other clinicians and workers in other sectors of the U.S. economy.
The FTC announced a special open meeting on its proposed rule to ban noncompetes. The meeting is scheduled at 2 p.m. April 23 and will be webcasted online.
“The proposed final rule being considered would generally prevent most employers from using noncompete clauses,” the FTC’s official announcement said. The “noncompetes are a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses.”
Affecting health care
The...
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