Radiology Business June 6, 2024
A New York physician contends that states must close loopholes that are being exploited by private equity firms to acquire doc groups.
Rheumatologist Jason E. Liebowitz, MD, made his case in an opinion piece published by JAMA Internal Medicine on June 3. His letter came in response to a March study in the same publication, which found that most physicians surveyed have negative views about private equity’s involvement in radiology and other specialties.
In many states with laws against corporate ownership in healthcare, professional service entities are only allowed to practice medicine if they are owned by locally licensed physicians. However, Liebowitz contends that PE groups are dodging this requirement by putting a figurehead in place while a nonphysician “makes...