Welcome to today’s episode of The Call Room. Today on the podcast, we have with us Dr. Saba Rizvi, MD, an emergency medicine physician. Dr. Rizvi is also currently studying to earn her law degree at Baylor University.
Dr. Rizvi recently published an article in Emergency Medicine News about private equity contract management groups, and we thought it would be great to hear more from her about the role they are playing in healthcare and the cost of patient care. We will learn about the current state of healthcare in relation to private equity groups, the problems they’ve created and discuss steps that can be taken by physicians to get medicine away from them.
Listen in to today’s episode to learn about Private equity, how it affects physicians, their patients, and healthcare in nearly every aspect. I hope you enjoy my conversation with Dr. Rizvi as much as I did!
“Patients should be seen by a specialist, especially when they’re coming in for an emergency. They should be seen by the highest trained individual.” — Dr. Saba Rizvi, MD
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“I don’t think that our profession was meant to scale up and then sell to non-phyisicians or non-MDs. It creates a dichotomy with our oath to our patients and an interjection of people who are not to be in the middle of that patient-physician relationship.” — Dr. Saba Rizvi, MD
- Dr. Rizvi’s journey into specializing in emergency medicine and her love of being able to care for so many different people coming from different backgrounds
- Understanding the historical shift from having many different types of doctors working in ER’s to having specialists working in a dedicated Emergency Department
- The importance of having highly trained physicians in the Emergency Room
- Unpacking the types of physicians who staff US based emergency rooms, including emergency room Specialists, Nurse Practitioners, and other mid-level Physicians
- How staffing varies in ERs depending on which part of the country you are in
- What are the Contract Management Groups (CMG) and how their popularity in the 1990’s has affected the healthcare industry, quality and costs today
- The emergence of Management Service Organizations (MSO)
- Unpacking Press Ganey Scores, question their objectivity, and their relationship to the opioid crisis
- Steps that can be taken to get medicine away from Private Equity Groups
“By the year 2030, there will be 9,000 ER physicians without jobs.” — Dr. Saba Rizvi, MD
“We really need to go back to getting out of the employment model in hospitals and going back to just running our own practices and running our own businesses. That’s what’s going to give us back that power.” — Dr. Saba Rizvi, MD