FTC - Refusal to accept Medicare pricing = Price fixing
From Daniel Palestrant, Founder & CEO of Sermo
More than 500 physicians participated in a discussion focusing on a Complaint from the FTC that the Roaring Fork Valley Physicians IPA, by refusing to accept federal Medicare price controls, is violating anti-trust laws. The announcement prompted a strong reaction among physicians who want to accept or decline payment terms, like any other profession.
More than 500 physicians participated in a discussion focusing on a Complaint from the FTC that the Roaring Fork Valley Physicians IPA, by refusing to accept federal Medicare price controls, is violating anti-trust laws. The announcement prompted a strong reaction among physicians who want to accept or decline payment terms, like any other profession.
Originally Posted to the Sermo Community
By: An Anesthesiologist on Sermo
Today the FTC announced a consent agreement effectively killing the Roaring Fork Valley Physicians IPA. A major point of the FTCs contention was that the IPA's refusal to present contracts to members based on medicare payment rates represented price fixing by the IPA! In other words, if you don't accept medicare's fixed pricing, you are price fixing.
Here's a brief analysis:
and here's the actual FTC complaint:
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