Cassidy Law
MONTH-IN-BRIEF (Mar 2024)
Antitrust Law
FTC Workshop Argues that Private Equity Incentives Are Not Aligned with Quality Health Care
By Barbara T. Sicalides, Troutman, Pepper, Hamilton, Sanders, LLP
On March 5, the FTC hosted a public workshop entitled “Private Capital, Public Impact: An FTC Workshop on Private Equity in Health Care.” The event is part of the agency’s effort to publicize and encourage enforcement targeting private equity (PE) investments in health care. The speakers from five federal and state agencies included all three sitting FTC commissioners; Jonathan Kanter of the U.S. Department of Justice (DOJ) Antitrust Division; the Inspector General of the U.S. Department of Health & Human Services (HHS); the Principal Deputy Administrator and Chief Operating Officer at the Centers for Medicare & Medicaid Services (CMS); and the Attorney General of the State of Rhode Island. The workshop also included health care providers, academics, and policy professionals, all of whom were critical of PE ownership.