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Radiology stakeholders weigh in on FTC’s exploration of how ‘corporate greed’ is impacting the specialty
Radiology Business June 6, 2024
Radiology stakeholders are weighing in on a recent request from the Biden administration about how “corporate greed” impacts the specialty.
In March, the Federal Trade Commission, Department of Justice, and Health and Human Services launched an inquiry into private equity and other corporations’ “increasing control over healthcare.” The deadline to submit comments was Wednesday, with respondents submitting 30-plus responses related to imaging.
Strategic Radiology—a coalition of nearly 40 independent practices encompassing 1,700-plus physicians—submitted its own letter on May 6. CEO Scott Bundy, MD, highlighted a recent Health Affairs study, which found a 608% increase in the number of private equity-acquired practices between 2012 to 2021. Just 15 PE firms own market shares in radiology greater than 30%, while four others...
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