About a third of ER doctors now work for companies backed by private equity. A lot of those docs do not like the arrangement, which they say puts profits ahead of patients. Now, a group of ER docs are suing to kick one of those private-equity owned companies out of their hospital– and all of California. They see it as the first step in a long, long fight.
The suit cites California’s ban on the “corporate practice of medicine” — which is supposed to outlaw situations where non-doctors tell doctors what to do, for profit.
Which raises a question: How did it get left to a group of doctors to get that law enforced?
We break it down, with help from:
Here’s a transcript of this episode.
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