In the News

A Spokane physician is raising concerns about the viability of independent medical practices in the Washington. The current American healthcare system is not conducive to maintaining these practices, according to Dr. Raymond Lance at Spokane Urology. “The system is unfortunately not working in a way that facilitates efficient, timely, high quality care delivery,” Dr. Lance […]

State lawmakers are attempting to revive a century-old legal idea to check private equity’s inroads into medicine, which some legislators and regulators say has reduced competition and worsened patient care. Read the full article on the Wall Street Journal

States’ fight to clamp down on private equity deals in healthcare isn’t over, despite recent setbacks. Proposed legislation in states including California, Connecticut and Minnesota fell flat last year, raising questions about future oversight efforts affecting private equity transactions. Read the full article on Modern Healthcare

Private equity investment in health care is bad, right? Not so fast. There are at least three different types of private equity investment, ownership and management. One type is having a stake in management services organizations that handle business operations for physicians. Read the full article on Medical Economics

In an era where many doctors are affiliated with major hospital systems, Dr. Justin Maroney stands out as an independent interventional cardiologist at Capital Cardiology Associates in Albany. He believes that his independence offers significant advantages for his patients. Read the full article on CBS 6 News Albany

Private equity firms are increasingly investing in hospital-owned ambulatory surgery centers, allowing the companies to bankroll a growing sector while limiting regulatory scrutiny. The sector is poised to expand as providers and patients more frequently choose the lower-cost setting over a hospital. Read the full article at Modern Healthcare

Despite a push in Congress and several state legislatures this year to blunt the impact of private equity in health care, virtually no new laws are likely to be enacted. Congress has considered legislation to rein in aspects of private equity ownership, but none of the bills has gained steam. Read the full article at

Physicians working with private equity investors may help patients and save money when compared with those affiliated with hospital and corporate ownership, according to a new study. Read the full article at Medical Economics

Rebecca Smith, a breast cancer survivor, didn’t think much about it in 2018 when Novant Health bought Lake Norman Oncology, the practice in Mooresville where she had regular checkups with her cancer doctor. Then Smith, 51, received a medical bill that left her stunned. Read the full article at North Carolina Health News

In 2022, Medicare spending for beneficiaries treated in private physician practices backed by private equity was, on average, 9.8% lower compared to those treated in hospital-affiliated practices. That’s according to a recent study conducted by Avalere, commissioned by the American Independent Medical Practice Association (AIMPA). Read the full article at Ambulatory Surgery Center News