Becker's Healthcare June 5, 2024
The Physician Advocacy Institute has issued a letter to federal officials warning that consolidation is negatively affecting healthcare quality and affordability in the U.S.
In a May 29 letter to the Justice Department, the Federal Trade Commission and HHS, the institute called on the administration to protect patients and physicians from corporate entities’ “anti-competitive” practices.
The institute is calling on Congress and the Biden administration to increase regulatory oversight of practice acquisitions and corporate ownership, protect practices from the threat of financial insolvency, reduce what it calls anti-competitive business practices and reform payment policies that it says drive consolidation, according...
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