Private Equity-owned Healthcare still doing surprise billing

{{ Government officials projected there would be 22,000 arbitrations in 2022. They underestimated the providers’ ire by an order of magnitude: There were 490,000 IDR requests filed through June 2023. That translates into a huge backlog for an underfunded system: 61 percent remained unresolved at that time, a December 2023 Government Accountability Office report found.

Some companies prospered by issuing surprise bills — it was part of their business model. It is perhaps no surprise that 46 percent of requests for baseball-style arbitration came from physician staffing companies that were wholly or partially owned by private equity firms. }}