The shift to electronic medical reimbursements gave rise to payment processing companies demanding a 1.5% to 5% fee every time a doctor gets paid by insurers. The government banned such fees — until a company lobbyist got involved.
  • Aviandelight @mander.xyz
    271·
    1 year ago

    The lobbyist, Matthew Albright, used to work at the CMS division that implemented the electronic payment rule. In fact, he was its chief author. He had since moved on to Zelis, a company that handles electronic payments for over 700 insurers and other “payers."

    This is straight up corruption.

  • conditional_soup
    17·
    1 year ago

    US healthcare is first and foremost a shameless cash grab. They’ve taken on the big tech model of enshittification. First, they made it shitty for the consumers, now they’re making it shitty for their business customers. The only people winning are private equity, pharma, and insurers.