A new report from The Bull moose Project reveals that private equity firms have quietly taken over major chunks of America’s cancer care system — and warns the consequences of this takeover are rising costs, declining quality, and a growing threat to physician independence.
According to a report published by conservative group The Bull Moose Project, investor-backed groups have spent the last two decades consolidating oncology practices, imaging centers, specialty pharmacies, and billing operations into sprawling corporate networks. What was once largely run by physicians has increasingly shifted into the hands of financial firms driven by profit targets.
The report argues that cancer care has become attractive to Wall Street because demand is constant and Medicare reimbursement rules often reward expensive drugs and procedures. Private equity
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