Me: 30 minutes past my appointment (after arriving 20 minutes early) watching people walk in then get called back within 3 minutes. Fuck doctors offices so much.
Update: Nurse took me to the room. Answered prelim questions then she left. Still waiting for the doctor 20 minutes later. It is now 40 minutes past my appointment time and no sign of the person taking my money.
Why even work with private equity then?
Why is it so hard for a group of doctors to set up their own practice?
True story… I used to go to a fairly large physician owned clinic network. They sold out to optum. Now care gets worse every year. Luigi, you listening buddy?
Trex nailed it in their reply. And doctors do set up their own practices-- and every successful practice has been bought out.
Private equity needs to be heavily, restrictively regulated. They have repeatedly demonstrated that they are a caustic and exploitative market influence pretty much across the board if they’re given even the tiniest bit of leash.
Private Equity takes care of all the legwork; rent, admin, staff, patient flow. Not that groups can’t do this, it’s outsourced so that they can see more patients and bill more, ironically reducing patient care because profit.
yes. insurance companies in particular are too much for independent doctors to negotiate with. they would rather pay $100 for a shitty appointment where nothing is solved than $200 where something is actually done about the problem (such as treatments or tests, which they would also probably have to pay for).