November 18, 2022
  • The American Medical Association (AMA) adopted a new policy that aims to protect residents who are training at teaching hospitals bought by private equity firms. The policy is in response to concerns that firms are trimming operations to increase profits following acquisitions. The policy encourages residency programs to be transparent on mergers and acquisitions, especially if they involve private equity. It also calls on programs to “uphold comprehensive policies to protect trainees, including those not funded by Medicare, to ensure the obligatory transfer of funds after institution closure.” (Press release here)