The Corporate Transformation of Medical Specialty Care: The Exemplary Case of Neonatology
American Journal of Law Medicine & Ethics, Winter 2008
13 Pages Posted: 1 Jan 2011
Date Written: December 31, 2008
Abstract
Increasingly, more entrepreneurial physician specialists are organizing their practices in for-profit corporations and employing other physicians. Focusing on the example of neonatology, this article describes the prevailing business model of these for-profit medical specialty groups as controlling their employed physicians through restrictive employment contract provisions. This article examines how the prevailing business model of for-profit medical specialty groups for the employment of physicians enables them to eliminate competition for specific specialty services to the detriment of patients and consumers.
Keywords: For-profit health care, medical practice
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