Doctors Form New Coalition Focused on Reducing Private Equity’s Role in Cardiology, Other Healthcare Specialties

Thousands of U.S. physicians have joined forces to launch the Coalition for Patient-Centered Care (CPCC), a new organization focused on reducing the involvement and influence of private equity in the American healthcare system. CPCC’s members include more than 5,000 physicians from 46 U.S. states. The OrthoForum, a Tennessee-based group of private orthopedic practices, the Association for Independent Medicine (AIM) and PELTO are also listed as founding members on the organization’s website. According to the newly formed group, it wants to eliminate tax breaks associated with private equity-funded acquisitions and close loopholes that allow private equity-backed groups to “circumvent the ban on the corporate practice of medicine.

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Source: https://cardiovascularbusiness.com/topics/healthcare-management/healthcare-economics/doctors-form-new-coalition-focused-reducing-private-equitys-role-cardiology-other-healthcare

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