Our Research in the Media

AAI, UC Berkeley and Equitable Growth Issue Addenda to Report on Private Equity Ownership in Healthcare

The report, covered by multiple media outlets including the New York Times and Washington Post, highlights private equity’s voracious acquisition of physician practices over the last several years, evaluating market penetration across 10 physician practice specialties within markets across the United States, the impact on market shares and concentration, and on prices and expenditures.

View the American Antitrust Institute press release article and the addenda.

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.

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.

California can Lead the Nation with a Public Option for Health Insurance.

Richard Scheffler and Stephen Shortell argue that California is in the midst of a healthcare affordability crisis, with insurance costs growing faster than wages, particularly affecting the Black and Latino populations. They propose the introduction of a public option called “Golden Choice” in California, which would be based on capitated medical groups and could significantly reduce health insurance premiums.

Read the full article here.

KNX Los Angeles Radio Interview: Private Equity Firms taking over Medical Practices

KNX In Depth’s Charles Feldman and Rob Archer discuss a new study that finds private equity firms are gobbling up medical practices across the country, even owning more than half of all specialists in certain markets. Richard Scheffler is the study lead author and Distinguished Professor of Health Economics and Public Policy at UC Berkeley.

Listen to the full interview here.