I know FM, plastic surgery, radiology, can run their own practices, but besides those I was just curious what other physicians open their own clinics? EM?
in general physicians can't own hospitals they practice in. This was to keep surgeons from opening and expanding surgi-center hospitals, but has had broader effects including physicians being unable to own acute care hospitals.
EM can own urgent care, but in general physicians can't own hospitals they practice in. This was to keep surgeons from opening and expanding surgi-center hospitals, but has had broader effects including physicians being unable to own acute care hospitals.
Correct me if I am wrong, but you can be an employee of the hospital and also hold your own practice on the side right? For example EM doing shifts in ER but also runs own walk-in clinic.
Yeah, it's just about hospitals. The ACA originally banned all new and expansion of physician owned hospitals, but now it makes exceptions, but those exceptions have to accept medicaid patients. It seems to be very complicated. The theory is that a physician will advise unnecessary treatments if they own the facility because more procedures = more profit. But, as seen in that Times article hospital profits/ charges are so completely out of whack for even not-for-profit hospitals, that it's all just crazy.
Urgent care centers aren't hospitals so they can be physician owned.
So anybody who is business-oriented or rich enough can start or purchase stake in private hospitals, but you cannot if you have gone to medical school? That's truly absurd.
Yeah, it's just about hospitals. The ACA originally banned all new and expansion of physician owned hospitals, but now it makes exceptions, but those exceptions have to accept medicaid patients. It seems to be very complicated. The theory is that a physician will advise unnecessary treatments if they own the facility because more procedures = more profit. But, as seen in that Times article hospital profits/ charges are so completely out of whack for even not-for-profit hospitals, that it's all just crazy.
Urgent care centers aren't hospitals so they can be physician owned.
You can't practice in and have ownership stake in the SAME hospital.
So if you were an EM you could potentially own your own urgent care clinic and still have a job at the hospital? Isn't there something from stopping that, I mean doesn't the hospital have something in the fine print of a contract?
But you can practice in and have ownership stake in the same clinic. Is there a legal definition of hospital vs. clinic, ie. How would you differentiate between a large multi-specialty clinic and a small community hospital, if they are both for-profit?
I know FM, plastic surgery, radiology, can run their own practices, but besides those I was just curious what other physicians open their own clinics? EM?