healthcare analytics
Big hospitals buying small doctor's office causing higher costs
Submitted by Carson Now Reader on Thu, 09/21/2023 - 2:03pm
Event Date:
September 21, 2023 (All day) According to a recent report, rising costs for basic medical procedures is the result of increased acquisition of small physician practices by large hospital corporations. Hospital conglomerates and private equity groups are buying-up independent practices and billing them as a Hospital Outpatient Department (HOPD), which allows them to charge patients the higher hospital facility fees in a non-hospital setting.
