U.S. representativesGreg Walden (R-OR) and Frank Pallone, Jr. (D-NJ) announced thisweek they are officially investigating a group of private equityfirms that own physician staffing services. (Photo:Shutterstock)
The bipartisan, bi-coastal duo that has taken on surprise medical bills has turned its attentionto the role played by private equity firms in rising providercosts.
U.S. representatives Greg Walden (R-OR) and Frank Pallone, Jr.(D-NJ) announced this week they are officially investigating agroup of private equity firms that own physician staffing services.The firms–KKR & Co. Inc., Blackstone Group, and Welsh, Carson,Anderson, & Stowe–were sent requests to hand over "informationand documents pertaining to the firms' ownership of privatephysician staffing and emergency transportation companies, whichrecent research shows are a leading source ofsurprise medical billing," Walden said in a release.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
