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The feds are going to look at the workings of private equity firms purchasing physicians for corporate profiteering. This is the brainchild of our wonderful FTC chair Lina Khan. She, as a Biden appointee, believes that even though some private entities have done improvements others are only in to it for profits. She never liked capitalism. Another bright person economist Applebaum says that private equity loads debt onto the purchase and then dumps them 3-5 years later. She also doesn't like that if the private firms sell the real estate and keep the gains, so shameful. They are the owners and can do what they want. Maybe there should have been more pre-sale looking into the buyer. Not with these folk. Khan believe that these are inherently evil and should not be allowed. She cherry picks the studies to help her biases. I do not say that all private equity is good but some common sense by the sellers may also be needed.
When King Charles got his cancer diagnosis and then started almost immediately on therapy it showed the differences between the Royals and the ordinary British citizens. They have to wait months prior to the start on therapy due to poor healthcare options funded by the government. The NHS has been chronically underfunded and is now in crisis. People have to wait many months for treatments of all kinds unless they are wealthy and smart enough to purchase real insurance.
CMS is going to provide emergency funding to those physicians who are not receiving money due to the hack of Change Healthcare. This also includes suppliers who bill through Medicare Part B. Top
The South Korean interns and residents have been on strike for the past two weeks over the government plan to increase the number of medical school admissions. The junior physicians feel that the medical schools can not handle the increased admissions, that the plan does not address the shortages in peds and ed medicine that are low paying and the new physicians would increase competition leading to more treatments and greater expenses. The Korean government is unhappy about the strike and has threatened the junior physicians with a three month suspension if they are not back at work by 3/7. The senior physicians have been supportive of the junior physicians. Top
DISCLAIMER: Although this article is updated periodically, it reflects the author's point of view at the time of publication. Nothing in this article constitutes legal advice. Readers should consult with their own legal counsel before acting on any of the information presented.