Zirui Song is associate professor of health care policy and medicine at Harvard Medical School and Massachusetts General Hospital. A physician-health economist, his work focuses on health care spending and the impact of financial incentives and policy interventions on health and economic outcomes. This has included evaluations of payment reform, Medicare Advantage financing, private equity acquisitions of providers, and employer efforts to control spending. Song directs the health policy track in the MGH Internal Medicine Residency Program, is director of research at the HMS Center for Primary Care, and co-directs the first-year Harvard medical and dental health policy course. He is an associate editor of JAMA Health Forum and editorial board member for Health Services Research. Song has worked on payment policy at the US Department of Health and Human Services and Massachusetts Health Policy Commission.
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Private equity firms are using leveraged buyouts, venture capital, and other funding sources to acquire hospitals, clinical practices, nursing homes, and other health-related...