Consolidation and independent practice
Hospitals, large corporations and private equity firms keep buying physician practices. Consolidation tends to raise prices and spending, especially for people with commercial insurance, and it threatens the future of independent practice.
Independent physicians see it every day:
- Bargaining power is eroding. Independent practices often cannot get the same rates from insurers that hospital systems can.
- Referrals get steered inside systems, which limits patients' freedom to choose an independent physician.
- When a rural or underserved practice closes or sells, patients can lose access, or depend on a large system that may drop lower-margin services.
What we support
- Site-neutral payment. Pay the same for the same outpatient service, whether or not a hospital owns the clinic.
- Real review of practice acquisitions. Lower the federal merger-review (Hart-Scott-Rodino) reporting threshold for health care deals so that physician-practice purchases get a look.
- Ownership transparency. Verify and publish who owns physician practices.
- Physician-led networks. Help independent practices share services and form physician-led collaborative networks, so they get economies of scale without selling.