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> but as I understand it, they are also leading investors in provider systems and in the malpractice insurance system. You're completely wrong. There's actuall
by aesclepius 8y ago
> but as I understand it, they are also leading investors in provider systems and in the malpractice insurance system.
You're completely wrong. There's actually the Stark law (https://en.wikipedia.org/wiki/Stark_Law https://en.wikipedia.org/wiki/Stark_Law) set up to prevent doctors from owning industry-related materia or self-referring to any entity with financial relationship. Not only that, but out of my network (100+ other physicians) very few are the 'leading investors' in provider systems, and zero have any skin in the malpractice insurance system. The MBAs run the numbers game, the MDs just work long hours.
- analog31 8y agoWhen did that law go into effect? The provider network that my employer's insurance plan used for a while advertised on a billboard that it was "doctor owned." What I don't know is how the specific financial or legal relationship worked.