Democrat Senators Accuse PE-Backed US Anesthesia Partners of Anticompetitive Business Practices

Two powerful Democrat senators are accusing U.S. Anesthesiology Partners — one of the largest anesthesiology practices in the country — of unfair business practices, and demanding information about its acquisitions and pricing. In a letter sent Sunday to USAP’s chief executive, Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., allege that the company leveraged its monopoly power in Colorado to inflate prices for insurers and patients, along with other anticompetitive practices like enforcing restrictive non-compete agreements on its physicians. USAP is currently being sued by the Federal Trade Commission over allegations of price collusion, which USAP has denied.

Read the full article: Democrat Senators Accuse PE-Backed US Anesthesia Partners of Anticompetitive Business Practices //

Source: https://www.healthcaredive.com/news/us-anesthesia-partners-warren-blumenthal-anticompetitive-practices/700804

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