Private equity-backed companies promise to ease physicians’ administrative workloads, but doctors say many of those pledges have fallen short. Specialists are increasingly joining management services organizations, which are often funded by corporate investors such as private equity companies. Part of the sales pitch typically includes a competitive compensation package, as well as a commitment to take purchasing, billing, regulatory, technology and other day-to-day administrative tasks off physicians’ hands. However, some doctors continue running into bureaucratic hurdles within those employment models, potentially limiting long-term revenue and patients’ access to care.
Read the full article: Docs Say ‘Broken Promises’ Could Slow Private Equity-Linked Deals //
Source: https://www.modernhealthcare.com/providers/private-equity-physician-doctor-practices