Physician-Owned Hospitals: The Answer for Better Care?

This discussion was recorded on November 16, 2023. This transcript has been edited for clarity.

Robert D. Glatter, MD: Welcome. I'm Dr Robert Glatter, medical advisor for Medscape Emergency Medicine. Joining me today is Dr Brian Miller, a hospitalist with Johns Hopkins University School of Medicine and a health policy expert, to discuss the current and renewed interest in physician-owned hospitals.

Welcome, Dr Miller. It's a pleasure to have you join me today.

Brian J. Miller, MD, MBA, MPH: Thank you for having me.

History and Controversies Surrounding Physician-Owned Hospitals

Glatter: I want to start off by having you describe the history associated with the moratorium on new physician-owned hospitals in 2010 that's related ultimately to the Affordable Care Act, but also, the current and renewed media interest in physician-owned hospitals that's linked to recent congressional hearings last month.

Miller: Thank you. I should note that my views are my own and don't represent those of Hopkins or the American Enterprise Institute, where I'm a nonresident fellow nor the Medicare Payment Advisory Commission, of which I'm a Commissioner.

The story about physician-owned hospitals is an interesting one. Hospitals turned into health systems in the 1980s and 1990s, and physicians started to shift purely from an independent model into a more organized group practice or employed model.