Recent Research in the Media
- Monetizing Money Report Cited in Senator Elizabeth Warren’s Complaint to USAP on Anti-Competitive Tactics
Click here to view the letter to U.S. Anesthesia Partners from the U.S. Senate regarding anticompetitive practices.
- 2023 Draft Merger Guidelines: A Conversation with Professor Thomas Greaney
In this episode of Antitrust Matters, James Kovacs and Jean Kim are joined by Professor Thomas Greaney from UC Law San Francisco to discuss the impact of the 2023 Draft Merger Guidelines on healthcare mergers with a focus on cross-market and vertical acquisitions.
Find out more here.
- Making Health Care Affordable: A Proposed Public Option for California
A Virtual Public Discussion Panel hosted by Members of the Academy
Tuesday, November 14, 4pm to 5:30pm online (via Zoom)
To help address the affordability of care, Professors Richard Scheffler and Stephen Shortell of the UC- Berkeley School of Public Health have developed and tested a Public Option plan for the state called Golden Choice. Their analysis shows how such a plan can be offered at lower premiums using the state’s integrated medical groups that are accountable for quality and the total cost of care. Further, their analysis will show an additional competitive effect of introducing such a plan. Representatives from advocacy and provider organizations will participate in a discussion panel. In the second half of the webinar attendees will have the opportunity to ask questions. This topic is timely as the state’s new Office of Healthcare Affordability begins its deliberations on how to make healthcare more affordable.
Use the link to register for the Virtual Public Discussion Panel.
Click this link to find out more.
- Professor Scheffler meets with Senator Peter Welch to discuss Private Equity in Health
Professor Scheffler met with Senator Peter Welch to discuss legislation on public equity in health.
- F.T.C. Sues Anesthesia Group Backed by Private-Equity Firm
The Federal Trade Commission (FTC) has filed an antitrust lawsuit against a doctors’ group that operates anesthesia practices, accusing them of engaging in anticompetitive practices with the support of a private-equity firm. The suit targets U.S. Anesthesia Partners and Welsh, Carson, Anderson & Stowe, a private-equity firm based in New York.
Read the full article here.
- Monetizing Medicine: Private Equity and Competition in Physician and Practice Markets
Check out the Petris Center’s recent report on the rise of private equity firms in acquiring physician practices, in collaboration with AAI and the Washington Center for Equitable Growth. The study covers ten medical specialties across the United States, offering insights into private equity’s impact on market concentration and healthcare expenditure. Lead author Richard Scheffler expresses concerns over shifts towards prioritizing profits over patient care, with far-reaching implications in the practice of medicine.
By Richard M. Scheffler, Laura Alexander, Brent D. Fulton, Daniel R. Arnold, Ola A. Abdelhadi | Link to the full report here.
- Comments of Professors of Law and Economics, Economists, and Health Policy Researchers on the Draft Merger Guidelines
By Thomas L. Greaney, Richard M. Scheffler, Katherine L. Gudiksen, Jaime S. King, Amy Y. Gu, Brent D. Fulton, Paul B. Ginsburg, and Daniel R. Arnold | Link to Full Comment
The Draft Merger Guidelines (DMGs) constitute a major step forward in providing economically sound guidance to practitioners and courts for evaluating the potential competitive impact of mergers and acquisitions. These comments are offered by a group of law professors, economists, and policy experts who have devoted most of their professional careers to issues concerning market and regulatory issues involving health care providers and payors. The comment focus on several proposed changes that are of particular importance to improving oversight of consolidation in the health care sector.