Oregon Passes Bill to Restrict Private Equity: Implications for Pain?

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drusso

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"The legislation would close what supporters say is a loophole in state law, which mandates that doctors hold at least a 51% stake in most medical practices, but which companies have taken advantage of by employing their own doctors — sometimes from out of state — and putting them down on paper as clinic owners."
 
Bit torn on this one. Sounds like Little guys can’t sell but the hospitals still can
 
Bit torn on this one. Sounds like Little guys can’t sell but the hospitals still can

The other shoe will drop.
I see it as a loss. Private clinics cant be sold to PE, but can be sold to local systems like Providence and Legacy, who now have reduced competition as there are fewer bidders in the market. Definitely a win for HOPD though which will absorb practices and ASCs/JVs and juice that facility fee.

Send out that SOS, my guy.
 
I see it as a loss. Private clinics cant be sold to PE, but can be sold to local systems like Providence and Legacy, who now have reduced competition as there are fewer bidders in the market. Definitely a win for HOPD though which will absorb practices and ASCs/JVs and juice that facility fee.

Send out that SOS, my guy.

You'll just be "working for the man" if you're working for the hospital. The hospital will direct and control you. You need to support SB 539 to eliminate hospital facility fees.

 
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