Sleuths discover the source of $28m in dark money lobbying in favor of emergency room "surprise bills": private equity firms that own doctors' practices

Even if you're insured and even if you assiduously verify that the emergency rooms you visit when undergoing a medical crisis are "in network" for your insurer, you can still end up with thousands of dollars in "surprise bills" from ER docs and anesthetists who don't work for the hospital -- instead, they work for private "physician staffing firms" who can and do charge whatever they want for your care. Read the rest

Your massive surprise hospital bills are making bank for private equity

Private equity firms like Blackstone and KKR have acquired massive health companies like Teamhealth and Emcare, which bill out doctors to the hospitals they work for, taking those doctors out of the hospitals' insurance agreements and massively hiking their fees -- that's why when you go to a hospital, even one that's covered by your insurer, you still end up with massive surprise bills for your care. Read the rest