Over the past decade, hospital-driven acquisition of independent physician practices nationwide has been well-documented. According to one report, the pandemic accelerated this trend, with hospitals gobbling up over 3,200 physician practices in 2019 and 2020 alone, resulting in an 8 percent jump in the number of hospital-owned practices. This underscores the pressure independent physicians are facing as they navigate rising administrative and financial burdens. Consolidation raises out-of-pocket costs for patients and increases costs to the overall health care system with no evidence of increased quality or efficiency. Policymakers say they want to lower health care costs, yet the Cent
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