Author name: Team Aimpa

Private equity-backed management services organizations (MSOs) are helping independent physician practices to remain independent.

Private equity gets a bad rap in health care. But some doctors see that kind of cash and consolidation as the only way for their practices to survive — and now, they’re taking that message to Washington. Lower pay, difficult negotiations with insurance companies, regulatory requirements from both government and commercial payers, expensive and inefficient IT

For about a decade leading up to 2013, Dr. James Min was one of three physician-owners of a private practice in Prince William County, Bristow Run Family Medicine, working as a doctor by day and a finance manager by night.

When Congress went on its winter break before Christmas, it left much of its healthcare business—along with most of it other responsibilities for 2023—unfinished, and now faces an intense scramble to get it all done in just weeks.

An organization representing thousands of independent physicians is joining the chorus of doctors’ groups asking Congress to reject reimbursement cuts in the 2024 Medicare Physician Fee Schedule (PFS).

The new American Independent Medical Practice Association (AIMPA) launched in October to be a new voice for independent doctors across all specialties, including primary care, internal and family medicine. The organization started with almost 5,000 members who provide health care for 10 million patients across 39 states. Those physicians are united by a passion for quality

For decades, doctors at Alliance Cancer Specialists provided well-regarded care to the community served by Torresdale Hospital in Northeast Philadelphia. Alliance’s founder, Allen Terzian, helped bring radiation therapy to the hospital and leased space there for an infusion center for more than 25 years. Read full article at the Philadelphia Inquirer

A new national, multispecialty advocacy organization representing independent practices launched last week. The American Independent Medical Practice Association (AIMPA) says it is the first advocacy organization of its kind focused on supporting private medicine across specialties. It is made up of 5,000 physicians collectively treating 10 million U.S. patients and includes specialties ranging from cardiology

Only 16 rural hospitals have taken Congress up on its offer to reduce their inpatient services and focus on emergency care in exchange for cash. Congress created the rural emergency hospital designation in 2020 to help struggling rural hospitals avoid closure by boosting federal payments if they go emergency-only. Read full article at Politico