Fierce Health Payers February 12, 2020
Private equity firms that have been gobbling up physician practices should watch out for congressional efforts to rein them in.
The House Ways and Means Committee advanced a bill Wednesday to force private equity firms that own physician practices to provide the federal government with information on payments and real estate investments. The legislation is the latest bid by lawmakers to scrutinize such firms that critics have said are a driving force behind surprise medical bills.
The bill would require private equity owners that have a controlling stake in a medical provider to file information with the Internal Revenue Service on Medicare payments and the mortgage and rent payments the firms get from providers.
“Transparency is imperative to better understand...
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