WASHINGTON, Sept. 16 -- The Senate Finance Committee issued the following news release:
Today, Senators Ron Wyden D-Ore., Jeff Merkley D-Ore., and Elizabeth Warren D-Mass., along with Representatives Val Hoyle D-Ore., Alexandria Ocasio Cortez D-N.Y., and Suhas Subramanyam D-Va. introduced the Stop Corporate Takeovers of Physicians Act to ban the corporate practice of medicine.
Over 80 percent of doctors in the United States are employed by corporate entities-including private equity firms and insurers-up from 62 percent in 2019 (https://www.physiciansadvocacyinstitute.org/Portals/0/assets/docs/PAI-Research/PAI-Avalere%20Physician%20Employment%20Trends%20Study%202019-2023%20Final.pdf?ver=uGHF46u1GSeZgYXMKFyYvw%3d%3d). Despite prohibitions ...