Support the the Stop Corporate Takeovers of Physicians Act!

I understand that Senators Elizabeth Warren, Ron Wyden, and Jeff Merkley, as well as Representatives Val Hoyle, Suhas Subramanyam, and Alexandria Ocasio-Cortez have introduced a bill called the Stop Corporate Takeovers of Physicians Act. I am writing to ask you to support it. This bill ensures health care decisions are made by physicians—not corporations. Over 80 percent of doctors in the United States are employed by corporate entities—including private equity firms and insurers—up from 62 percent in 2019. Despite prohibitions on the corporate practice of medicine in over thirty states, private equity firms, insurers, and other corporate entities have exploited legal loopholes that allow them to circumvent these restrictions to the detriment of clinicians and patients. Management services organizations (MSOs) have become vehicles for exercising corporate control over physicians. MSOs contract with physician practices to handle ostensibly purely administrative tasks, but these actors often challenge the autonomy of acquired physicians once in control. For example, corporate entities often assume control over clinical operations, management and staffing decisions, and billing and coding practices—all of which can exertpressure on physicians to change care delivery. The Stop Corporate Takeovers of Physicians Act ensures health care decisions are made by physicians—not private equity firms, insurance companies, or other corporate actors. I want you to support it, please.