News
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Private Equity and the Corporate Practice of Medicine: What Texas Physicians Need to Know
Private equity (PE) firms are increasingly investing in physician practices and the broader healthcare industry. While these arrangements can provide capital and operational expertise, they may also inadvertently violate Texas’ corporate practice of medicine (CPOM) doctrine. Understanding CPOM restrictions is crucial for physicians considering PE partnerships to avoid legal complications that could jeopardize their license […] -
Failure to Rescue
If health care were the housing market, private equity firms would be the flippers. They buy a company or a hospital on the cheap, make some cosmetic adjustments, load it up with debt, and sell at a profit, typically leaving it in a worse state. Indeed, Americans are more likely to have complications during a stay in […] -
California Legislature Again Seeks to Restrict Private Equity Investments in Healthcare
Spurred by the Trump administration’s deregulatory actions, states appear poised to promulgate bills aimed at regulating healthcare investments, with some states—such as California—explicitly targeting private equity (“PE”). On February 12, 2025, California Senator Christopher Cabaldon introduced Senate Bill 351 (“SB 351” or the “proposed bill”), which aims to broaden the state’s existing corporate practice of […] -
The Alliance of Independent Dentists Announces National Symposium in Washington, D.C.
The Alliance of Independent Dentists (AID) is proud to announce its upcoming National AID Symposium, set to take place in Washington, D.C., on March 13 – 15. This highly anticipated event brings together independent dental professionals from across the country for an unparalleled opportunity to gain cutting-edge insights, expand their professional networks, and engage with […] -
At JP Morgan conference, health care investors gear up for transformative legal developments
As one of the world’s largest and most heavily attended health care conferences, the 43rd annual JP Morgan Healthcare Conference (JPM) will gather industry leaders to discuss health care trends and explore new investment opportunities in the sector. Not only does the conference, which will be held in San Francisco from Jan. 13 to 16, […] -
California’s Failed Bid To Regulate Private Equity Investment In Health Care
California’s Assembly Bill 3129 (AB 3129), which passed the legislature but was vetoed by Governor Gavin Newsom, was the latest attempt to increase scrutiny over private equity investment in health care. The bill would have made California the second state to require pre-approval of hospital and non-hospital private equity transactions and the first to modernize […] -
12 things to know about Envision
After its 2023 bankruptcy restructuring, Envision Healthcare slowly began to rebuild its leadership team and clinical operations. Despite a recent legal setback in California, the company maintains its vision is to become “America’s leading medical group.” Here are 12 things to know about Envision’s operations, financial history and leadership: Operations Author: Elizabeth Gregerson Read the full story […] -
AG: Private Equity in Medical Systems Equals Higher Costs
On June 6, California Attorney General Rob Bonta led a multistate coalition of 11 attorneys general in submitting a comment letter to the Federal Trade Commission, the U.S. Department of Justice, and the U.S. Department of Health and Human Services pointing out aggressive profiteering by private equity-owned healthcare systems, which leads to higher healthcare costs, […] -
Corporate Practice of Medicine, Antikickback and Stark Analysis After the AAEM-PG and Envision Settlement
The American Academy of Emergency Medicine Physician Group (AAEM-PG) recently settled a lawsuit in United States District Court for the Northern District of California against Envision Healthcare and Envision Physician Services, accusing them of violating the corporate practice of medicine (CPOM) laws in California. The lawsuit alleged the “friendly physician” model used by Envision to […] -
MedPage Today: Emergency Medicine Group Claims Credit for Envision’s California Exit
Envision Healthcare, the physician staffing firm that emerged from bankruptcy late last year, is exiting its California operations — and one physician organization believes their lawsuit helped push the company out the door. The American Academy of Emergency Medicine Physician Group (AAEM-PG) said in a press release that it “resolved the case on confidential terms, […]