๐Bridging the Gap: investigating Pediatric Eye Care Access Across the US ๐Access to pediatric eye...
๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐ข๐ง ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐: ๐๐ฆ๐ฉ๐๐๐ญ๐ฌ ๐จ๐ง ๐๐จ๐ซ๐ค๐๐จ๐ซ๐๐ ๐๐ญ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐๐ญ๐ข๐๐ง๐ญ ๐๐๐ซ๐
Private equity (PE) ownership in health care is on the rise, bringing significant changes to the workforce and raising concerns about patient care quality.
Key Workforce Impacts:
๐ Increased Clinician Turnover: PE acquisitions often lead to higher turnover rates among health care professionals, disrupting continuity of care and increasing recruitment costs.
๐ Staffing Changes: To maximize profits, PE firms may alter staffing models, potentially replacing experienced clinicians with less costly alternatives, affecting the quality of care provided.
๐ Operational Restructuring: PE ownership can result in significant changes to practice operations, including shifts in employment structures and compensation models, impacting workforce morale and stability.
Implications for Patient Care:
These workforce changes can lead to decreased patient satisfaction, reduced access to care, and potential declines in care quality. As PE firms prioritize financial returns, the emphasis on cost-cutting measures may compromise the patient experience and outcomes. Vision Executives