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FTCNonrulemakingFTC-2024-0022

Request for Information on Consolidation in Health Care Markets

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American Medical Association filings
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American Medical Association filed 1 comment on this docket between Jun 4, 2024 and Jun 4, 2024. 70 other organizations filed here. The comment window closed 783d ago.

What American Medical Association filed (1)

Jun 4, 2024· Comment from American Medical Association· FTC-2024-0022-1859

The AMA provides comment on an RFI issued by DOJ, FTC, and HHS focusing on Consolidation in Health Care Markets, which seeks input on deals conducted by alternative asset managers (including private equity funds and private payers) that involve health care providers. Our remarks point out that independent physician practices are made vulnerable by consolidation in health care markets. We highlight systemic issues that drive physicians to sell their practices to private equity when perhaps they otherwise wouldn't, namely the broken Medicare payment system and excessive administrative burdens such as prior authorization. We also detail harms of consolidation to physician practices, including the degradation of working conditions by monopsonist health insurers, the lack of employment opportunities in highly concentrated hospital markets, and, using the Change Healthcare cyberattack as example, the highly variable and context-specific consequences of vertical acquisitions.

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Abstract

Department of Justice, Department of Health and Human Services, and the Federal Trade Commission Request for Information on Consolidation in Health Care

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Co-filers (70)

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