Health systems are hiring specialists from private equity-backed companies as hospitals look to reduce costs by cutting out staffing agencies while easing staff shortages. Higher pay and the prospect of less administrative work have allowed health systems to hire an increasing number of specialists from private equity-backed staffing firms and independent clinics, industry observers said. Health system executives said they plan to directly employ more physicians to combat persistent gaps in specialty care without relying on staffing agencies.The growing number of hospital-employed physicians may galvanize unionization.
Read the full article: Why Private Equity-Backed Players Are Losing Doctors //
Source: https://www.modernhealthcare.com/providers/private-equity-staffing-companies-physicians-envision-healthcare