This video breaks down how the rapid decline of physician-owned practices and the rise of hospital and corporate ownership are driving healthcare costs up without improving quality. Using recent US Government Accountability Office data, it explains how consolidation has shifted elective surgeries into higher-cost hospital settings and pushed up prices for routine office visits, leaving patients with bigger bills and fewer choices. The message then pivots to how WeTreatFeet Podiatry is fighting back by staying independent across Maryland, Pennsylvania, and Washington, DC—keeping overhead lower so patients can access expert foot care, from heel pain relief to diabetic wound prevention, at a more affordable price. Viewers are invited to connect with WeTreatFeet online or by phone for care that prioritizes patients over corporate profits and helps them stay on their feet without breaking the bank.
Full Transcript
GAO warning on physician practice consolidation 0:00
breaking news from the U.S. Government Accountability Office. Physicians are fleeing independent private practice. This fact is costing you money. Today, ownership of practices by physicians has plummeted from 60% in 2012 to just 42% as hospitals and corporate giants snap up practices left and right. The only measurable result is higher medical bills.
Higher costs from hospital and corporate acquisitions 0:18
Medicare spending on elective surgeries jumped 5% during this time due to shifting some procedures from less expensive outpatient surgical centers to pricier hospital settings at the same time.
Independent podiatry care at We Treat Feet 0:39
Commercial prices for office visits rose 17% after some acquisitions. At We Treat Feet Podiatry, we're fighting back across Maryland, Pennsylvania and Washington, D.C., attempting to stay independent and keep our costs low. so we deliver expert foot care like heel pain relief and diabetic wound prevention without corporate overhead eating into your wallet. Don't let rising costs from consolidation hit you. Visit us today online or call today for podiatry that prioritizes patients and keeps you moving affordably.
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