Any thoughts on the medical non-compete ban currently under discussion at the FTC?
It is open for public comment until March 20th I believe.
It is open for public comment until March 20th I believe.
Any thoughts on the medical non-compete ban currently under discussion at the FTC?
It is open for public comment until March 20th I believe.
I think there is a good chance they get abolished. So many people have to sell their homes and uproot their families over a stupid non compete. In some states they already are not enforceable.The historic orthopedic group at my residency hospital was handed non-competes during a structural reorganization of the hospital system. They refused to sign them. Years later they asked the hospital to compromise on how overnight call was to be handled. The hospital refused.
The entire orthopedic group quit. They built themselves a brand new building in the center of the town with PT, and MRI, etc and then brought all their cases to a hospital up the road who welcomed them with open arms. My residency hospital never recovered financially and never could rebuild a competing orthopedic department that could match what they lost.
Non-competes are garbage. I welcome their end. Except I don't think it will happen. Womp womp.
I think there is a good chance they get abolished. So many people have to sell their homes and uproot their families over a stupid non compete. In some states they already are not enforceable.
It's also completely anti-capitalist to limit competition. But it fits perfectly into modern American corporate welfare while screwing actual people at corporations' behest.Hopefully it does. I guess it will depend on how much giant corporate healthcare wants to fight it (HCA, Kaiser, LifePoint, etc.). If they put millions in the correct unelected bureaucrats’ pockets over at the FTC then they will do whatever they are told. Unfortunately.
The argument should be simple, and it’s the one that wins in court when non competes are challenged by physicians, but non competes for medical providers are a detriment to overall community health. At a time when there is plenty of need for more healthcare providers in communities all across the country, making non competes illegal in healthcare can be a huge benefit in terms of access to care for the general population.
But the government is good. free markets. lets export democracy. salute the flag. don't bend the knee. watch more fox and cnn. more war. as long as it's not in my backyard (like opiods), it should be illegal and stiff punishments should exist. freedom! freedom fries!It's also completely anti-capitalist to limit competition. But it fits perfectly into modern American corporate welfare while screwing actual people at corporations' behest.
For now, anyone who buys a house in a place with enforceable non-compete clauses and having signed one is kinda manufacturing their own crisis.I think there is a good chance they get abolished. So many people have to sell their homes and uproot their families over a stupid non compete. In some states they already are not enforceable.