More doctors are moving to corporate and hospital employment, jacking up prices & new WI lawsuit

Movement of physicians from independent practice to hospital and corporate employment accelerated during COVID. By January 1st of this year, 74% of physicians in the Northeast were employed by hospitals or corporations according to a report by Avalere Health for the Physicians Advocacy Institute.  Half (52%) of Northeastern physicians work for hospitals and 22% for…

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CT hospital ownership change rate among highest in US

Over 10% of hospitals in Connecticut changed ownership between 2016 and 2021, according to a federal report using new CMS data. Connecticut and just three other states had hospital ownership change rates over 10%. Most states had rates of 4% or less. Understanding hospital ownership changes and rates of change to identify consolidation in healthcare…

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Legislators hear diverse voices favoring competition to control healthcare costs

Update 3/22/2022 — SB-416 passed the Insurance and Real Estate Committee unanimously. Twenty-one organizations and state residents testified in favor of SB-416 in Thursday’s Insurance and Real Estate Committee public hearing. Just three testified against. SB-416 would level the playing field in Connecticut’s healthcare market by prohibiting anti-competitive contract clauses used by large health systems…

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Testimony: Consolidation’s harms to stressed healthcare workers

From Haley Magnetta, fellow at CT Health Policy Project, written testimony in support of SB-417, An Act Promoting Competition in Contracts Between Health Carriers and Health Care Providers I am testifying as a clinically practicing Emergency Medicine Physician Assistant (PA). As a provider who has worked in hospitals that have been consolidated, I want to…

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New tool finds all CT health systems’ commercial prices are far higher than needed to cover expenses

According to a new tool, Connecticut hospitals would have needed commercial rates equal to 135% of Medicare levels in 2020 to cover their expenses, much higher than the US average of 114%. However, every health system in Connecticut charged well above that level, far more than needed to cover expenses. The National Academy for State…

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Testimony supporting Governor’s drug price cap and opposing OHS primary care plan

The Insurance and Real Estate Committee is hearing today the Governor’s healthcare bills. Areas of disagreement include a proposal to limit how much drug prices can rise and the Office of Health Strategy’s (OHS) plans to cap the growth of overall healthcare spending while doubling spending on primary care. Among non-state agencies, fifteen people and…

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25 Advocacy organizations urge legislative leaders to drop OHS Primary Care Roadmap

Download the letter On Tuesday, twenty-five independent advocacy organizations, including the CT Health Policy Project, sent a letter to Connecticut legislative leaders voicing concerns with the Office of Health Strategy’s (OHS’s) controversial “Roadmap for Strengthening and Sustaining Primary Care”. Advocates are concerned that the Roadmap diverts $3.9 billion/year when fully implemented in 2025 away from…

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Book Club: The Premonition — A Pandemic Story

Michael Lewis’s latest book, The Premonition – A Pandemic Story, dives deep into an untold story of how COVID crept up on the US healthcare system, particularly the state and federal agencies that were supposed to be watching and to know what to do. It’s a story of bureaucrats playing it safe while sacrificing our…

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Policy options to control healthcare prices and protect from private equity

Healthcare service prices are the main driver of Connecticut’s rising health insurance premiums. The consolidation of hospitals and providers into large health systems has stifled competition, allowing prices to rise unchecked. Other states have taken action to protect competition in consolidated markets and it’s working. Connecticut needs to act. Private equity funds are buying critical…

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