New Report: Private Equity-Affiliated Physician Practices Associated with Lower Medicare Expenditures, Fewer Inpatient Days, Fewer Emergency Department Visits
WASHINGTON (September 18) — Medicare expenditures for beneficiaries in private physician practices affiliated with private equity were on average 9.8% lower than for similar patients in hospital-affiliated practices in 2022. That’s among the key findings of “Medicare Service Use and Expenditures Across Physician Practice Affiliation Models,” a new, first-of-its-kind study of Medicare spending and healthcare
AIMPA: Massachusetts Bill Could Put Independent Physicians Out of Business
WASHINGTON (July 29) — The American Independent Medical Practice Association expressed deep concern today about S.2881, a bill passed by the Massachusetts Senate this month that would threaten the viability of independent clinical practices in which physicians, advanced practice registered nurses, and other healthcare providers care for patients. “Senate Bill 2881 could put local, independent
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Dr. Ted Arrowsmith: Independent physicians provide patients a personal touch missing in large hospitals
As a physician in private practice, I’ve been called a throwback. Most doctors today work for large hospitals or health systems. That’s not my vision, nor do I think it’s the future of medicine. My partners and I see our oncology practice as an example of how to provide patient-focused care built on deeper, more
Facility fees can skyrocket your medical bills. Here’s what you can do
When was the last time you really looked at your doctor’s bill line by line? Did you happen to run across a facility fee charge? Facility fees are a hospital’s charges for outpatient or doctor services provided in an office not owned by that doctor. The out-of-pocket amount can be costly. So, what, if anything,
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Oncology Mergers Are on the Rise. How Can Independent Practices Survive?
When he completed his fellowship at Fox Chase Cancer Center in Philadelphia, Moshe Chasky, MD, joined a small five-person practice that rented space from the city’s Jefferson Hospital in Philadelphia. The arrangement seemed to work well for the hospital and the small practice, which remained independent. Within 10 years, the hospital sought to buy the
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Dr. David Eagle: Consolidated health care hurts New York patients
Hospitals are snapping up physician practices. Between 2019 and 2022, they acquired nearly 5,000 of them. More than half of doctors nationwide now work for hospitals and health systems. My colleagues and I do not want to capitulate to such hospital-driven consolidation, and we’re confident our patients don’t want more care driven into the hospital
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Leveraging Managed Service Organizations to Provide More Affordable, Personalized Cancer Care
As the cost of cancer treatment continues to rise for both patients and providers, independent clinicians are being forced to consolidate with larger health care systems to stay financially afloat. However, some clinicians believe this trend has negatively affected their ability to provide patients with timely, personalized care. To combat the rising costs and avoid
Dr. George Dickstein: Don’t regulate independent physicians off map
Hospitals have been on a shopping spree. In the last two years, they’ve acquired nearly 3,000 physician practices, according to new research from the Physicians Advocacy Institute. Some physicians — myself included — prefer to remain independent. We have found that only in an independent setting can we deliver the kind of patient-centered care that drew
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