Physician owned hospitals?

[discharged]

One of the shops I interviewed at made it known that it was a physician owned hospital, and said it proudly. I'm not too familiar with the politics surrounding this, so I was wondering if there were any significant differences in these ED's? Particularly in regards to training?..

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[Birdstrike]

One of the shops I interviewed at made it known that it was a physician owned hospital, and said it proudly. I'm not too familiar with the politics surrounding this, so I was wondering if there were any significant differences in these ED's? Particularly in regards to training?..

Physician owned? That's great. A rare find, grandfathered in before 2010. Now outlawed by Barack Obama as part of the ACA.


Outlawed.


Yes sir, physician owned hospitals, outlawed. Look it up.





(I swear, I must deserve some sore of award for doing this for free on a regular basis.)

 

[ERdocSGU]

I guess Grey's Anatomy is factual afterall.... tonight's episode

 

[pinipig523]

There is a physician owned hospital opening up near us... they do not accept medicare or medicaid from what I understand.

http://www.bizjournals.com/dallas/p...7/forest-park-medical-center-at.html?page=all

 

[Old_Mil]

Is this a general Hospital? All of the physician owned hospitals I have seen are dedicated cardiac, ortho, or general surgical facilities. Various state laws that require hospitals to have an ER force them to open one and hire an ER doc to what amounts to essentially take call for them at an absurdly low hourly rate (which, in in most cases also comes with an absurdly low volume).

Sent from my A110 using Tapatalk 2

 

[Birdstrike]

There is a physician owned hospital opening up near us... they do not accept medicare or medicaid from what I understand.

http://www.bizjournals.com/dallas/p...7/forest-park-medical-center-at.html?page=all

Must have had approval before 2010, and grandfathered in. The process from getting approval to grand opening can take years. Texas, Oklahoma and other "non-certificate of need" states were the hot bed for this until Obama.

Free-standing Physician-owned EDs: a great opportunity for budding, young EPs with an entrepreneurial bent who feel EMTALA has unintended consequences, until crushed by Obama. Read about it from ACEP, 2009, pre-ACA:

http://www.acep.org/workarea/DownloadAsset.aspx?id=48737

 

[Birdstrike]

"A group of lawyers can own a hospital. A group of hedge fund managers can own one. But doctors, who would presumably know the most about starting a hospital, won't be able to after this year when the bill kicks in."

It's tragic, that we allow ourselves to be trampled on like this, and support policies that destroy our own profession.

http://www.forbes.com/sites/science...t-victim-physician-owned-specialty-hospitals/

 

[Textbookversion]

"A group of lawyers can own a hospital. A group of hedge fund managers can own one. But doctors, who would presumably know the most about starting a hospital, won't be able to after this year when the bill kicks in."

It's tragic, that we allow ourselves to be trampled on like this, and support policies that destroy our own profession.

http://www.forbes.com/sites/science...t-victim-physician-owned-specialty-hospitals/

The irony being of course only lawyers can own law firms. Guess it pays to write the laws. Imagine what healthcare would be like if hospitals could only either be owned by physicians, or be a nonprofit with physician board members.

 

[pinipig523]

Is this a general Hospital? All of the physician owned hospitals I have seen are dedicated cardiac, ortho, or general surgical facilities. Various state laws that require hospitals to have an ER force them to open one and hire an ER doc to what amounts to essentially take call for them at an absurdly low hourly rate (which, in in most cases also comes with an absurdly low volume).

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Not sure if the ER group will pay low... but this hospital is located in one of the wealthiest suburbs of Dallas.

 

[MushieCookie]

Government & insurance company control at its best.

So physicians can't open their own freestanding ED because they will make too much money and can't be regulated like a hospital...

Insurance companies lobby to politicians (i.e. pay them off) and a new bill is signed that will outlaw EPs from opening free standing ED's as their own business venture.

EP's and other medical professionals just stand by and allow it to happen...

The medical system is broken. HOW do we fix it?!?!

 

[discharged]

The same way anything is fixed in America. Money talks louder than morality.

 

[jepjdmts]

If anyone is interested in exploring this issue further, I have written a paper, "Physician-Owned Specialty Hospitals and the Patient Protection and Affordable Care Act: Health Care Reform at the Intersection of Law and Ethics," published in 49 American Business Law Journal 369 (2012) that I'd be happy to e-mail directly to you if you'll contact me at [email protected] with "physician owned hospitals paper" in the subject line.

My paper explores ethical and legal issues raised by physician-owned hospitals and their regulation by the ACA.

 

[DreamingTheLive]

Reading this thread really gets me hot. Count on me being incredibly vocal concerning such issues day 1 of Residency.

 

[The White Coat Investor]

The medical staff owns a tiny slice of my hospital.

 

[Renaissance Man]

But physicians can own urgent care centers?

 

[Birdstrike]

But physicians can own urgent care centers?

Yes.

 

[Arcan57]

Reading this thread really gets me hot. Count on me being incredibly vocal concerning such issues day 1 of Residency.

Why? It's not like you have any more standing in government as a PGY-1 then as just graduated MD. And who are you going to be vocal to? Most academic docs have explicitly turned away from the money-making side of the profession. Your fellow residents may be sympathetic, but are probably going to have more pressing concerns day 1. Especially concerns centered around the fact that med school didn't really prepare them to practice medicine. So if you're going to go hardcore into EM advocacy, do it now rather then make empty sounding proclamations about what you'll do when you'll have 1/5th the free time you do now.

 

[donkeykong1]

http://www.westernreservehospital.org/news/?p=1285

this is a physician owned hospital with GME as well