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Bill to Ban Private Equity from Owning Medical Practices

509 points · 384 comments · paimapi

  1. naveen99 · · focus · HN ↗
    I wonder if ai can help doctors reclaim their practices, as the bureaucracy of dealing with insurance may become easier. Administrative overhead must be cheaper with ai. It was the main reason for consolidation and giving up management to hospitals and private equity.
    1. nradov · · focus · HN ↗
      AI can help doctors with the administrative side but insurance companies are also deploying AI. We're seeing an escalating arms race with provider AIs battling against payer AIs.

      That's only one part of economies of scale. The technical and legal compliance costs for running a provider organization are also killing small practices. And provider organizations also consolidate in order to gain power for negotiating rates with commercial insurers.

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