Forbes February 20, 2023
Virtual monopolies exist in almost every healthcare sector: from hospitals and health systems to drug companies and beyond. With so much consolidation of power and influence, U.S. healthcare has become a conglomerate of monopolies. That’s the topic of this continuing series.
Doctors are drowning in a sea of paperwork and patient visits—the result of increasing demands foisted on them by insurers and hospital administrators.
With less time spent taking care of people and more spent tending to administrative tasks, physicians are experiencing greater stress (financial and psychological), along with “a dramatic increase in burnout and decrease in satisfaction,” according to research published in Mayo Clinic Proceedings.
Private equity: late to the game but gaining ground
These troubling trends for...