into private equity’s increasing role in owning and operating everything from hospitals and health systems to physician practices and clinics. Probes by Sens. Ed Markey, a Massachusetts Democrat, and Charles Grassley, an Iowa Republican, come as the Federal Trade Commission, U.S. Justice Department and U.S. Department of Health and Human Services have an ongoing probe into private equity's role in healthcare. In this photo is the Federal Trade Commission building in Washington, D.C.
The Grassley and Markey probes come less than three months after the Federal Trade Commission, the U.S.
“If executed, these models could affect the patients’ quality of care, increase health care workers’ loads to unsustainable levels, and could raise questions on whether proper internal controls are in place with regards to protecting patient information and ensuring billing accuracy,” Grassley’s letter added. “I am concerned that if the staffing plans are executed as stated to my office, hospitalists would carry very high patient loads.
“Delivering compassionate and timely care to the patients we serve is at the center of all we do,” an Ascension Illinois spokesman said. “On June 1, 2024, SCP Health, a clinical services provider for emergency medicine, hospital medicine and critical care, began providing hospitalist care for our acute hospitals utilizing the majority of providers currently serving in these facilities.
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