Too Big to Care: How Massive Medical Groups Are Harming and Killing Patients
August 26, 2015
(Vice News) – The era of the independent doc is over, Caplan says. In order to navigate increasing regulations and the burgeoning cost of practice, the majority of physicians in this country are now under contract with multispecialty medical groups with at least 50 doctors, which in turn are getting snapped up by hedge funds, hospitals, and corporations, he says. Buyers expect a healthy bottom line from their investments, Caplan says. Evidence suggests their expectations are being met.