Why do independent physician practices struggle to survive in today's healthcare system?
In this video, I discuss how Congress restricts physicians from establishing hospitals and compensates them less than hospitals.
This dynamic has allowed larger systems to dominate the market, undermining independent practices.
As these systems gain market power, they can raise prices, contributing to the rise of medical debt.
How do you think these policies impact the quality of healthcare?
Ge Bai, PhD, CPA, Professor of Accounting and Health Policy at Johns Hopkins University in Washington, DC, testified before the Senate HELP Committee.
