Stop the Corporate Takeover of Medicine!

ACTION ALERT!

Stop the Corporate Takeover of Medicine!

Send a message to your elected officials right now!

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Dear Legislator,

Please support House Bill 4130, which would strengthen Oregon’s corporate practice of medicine laws.

Private equity ownership of medical clinics is a huge issue in Oregon and across the country. The research is clear that the corporatization of medical practices leads to worse patient outcomes, higher costs, and less physician independence.
Corporate practice of medicine (CPOM) laws have existed for decades in most states, from California to Texas to New York, prohibiting medical practices from being owned by anyone other than a licensed physician or medical professional. These laws are based on the understanding that there is an intrinsic conflict between a physician’s professional obligations of care to their patients and the profit-oriented obligations of corporations to maximize returns to their shareholders.

HB 4130 closes loopholes in Oregon’s CPOM laws, blocking corporations or private equity investors from owning or indirectly controlling medical practices and the decisions of healthcare providers. This bill also limits corporate owners from enforcing non-compete/non-disclosure agreements and non-disparagement clauses for specific providers. With these practices, doctors are handcuffed and unable to speak out about harmful conditions or start their own independent practice, forcing some doctors to move out of Oregon.
We know that local physicians are better suited to control the practice of medicine than out-of-state equity investors. Without your vote, the corporatization of healthcare will only accelerate. We urgently need this bill to protect patients, physicians, and all Oregonians.

Please vote for HB 4130.

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Tell the Oregon Legislature to pass HB 4130 to address private equity firms and large corporations purchasing local healthcare providers.

With HB 4130, the Oregon legislature has the opportunity to strengthen Corporate Practice of Medicine laws and make healthcare more affordable and accessible. Currently, Oregonians spend more on health care than they do on housing and utilities. More than a third of Oregon adults struggle to pay their medical bills, and almost a quarter skipped a recommended medical test or treatment because they could not afford it.

Write to your Representative and Senator today to show them why you care about access to higher quality care and protections for patients and physicians-- urge their support for House Bill 4130!

More Information:

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News: "Lawmakers, health care leaders want to prevent private investor control of medical practices"

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News: "Bill to curb private equity in health care draws heavyweight backing"

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HB 4130: Read the Bill

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Thu May 02 2024

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