Brentwood-based American Physician Partners told Bloomberg it will shut its doors at the end of July. It’s the second Tennessee company of its kind to announce major financial distress this year.
ERs staffed by private equity firms aim to cut costs by hiring fewer doctors
Pregnant and scared, Natasha Valle went to Clarksville’s Tennova Healthcare hospital in January 2021 because she was bleeding. She didn’t know much about miscarriage, but this seemed like one.
Investigation: Addiction treatment can take a hit when private equity pours in cash
Near the end of his scheduled three-month stay at a rehab center outside Austin, Texas, Daniel McKegney was forced to tell his father in North Carolina that he needed more time and more money, he recently recalled.
ER staffing firms keep the claims flowing in Tennessee even after federal ban on ‘surprise’ bills
A federal ban on surprise medical bills hasn’t entirely curbed the problem, though patients are no longer involved. During the law’s first six months, Tennessee has among the most disputes in the country with nearly 7,000.
ER doctors call private equity staffing practices illegal and seek to ban them
A group of emergency physicians and consumer advocates in multiple states are pushing for stiffer enforcement of decades-old statutes that prohibit the ownership of medical practices by corporations not owned by licensed doctors.
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