Investor-backed radiology firm Envision Healthcare upped lobbying by 400% in Q2
Investor-backed radiology staffing firm Envision Healthcare upped its spending on lobbying by 400% year over year in the second quarter, according to a report published Tuesday.
The $400,000 outlay came at a time when overall lobbying across the healthcare sector plummeted, Modern Healthcare noted. Both Nashville-based Envision and fellow physician firm TeamHealth have recently poured money toward fighting surprise billing legislation, the report noted.
Envision’s spend on advocacy also represents a 264% uptick when compared to the first quarter of 2020 that ended March 31. Owned by private equity giant KKR, the staffing firm also operates in anesthesiology, critical care and emergency medicine, surgery, and women and children’s services. Company officials declined to comment on the report.
All told, Envision leads a team of 900-plus radiologists performing 10 million annual reads for more than 570 facilities across the U.S., according to its website. Standard & Poor’s Global Ratings has expressed concern about Envision in recent months, given its heavy debt load, liquidity challenges and continuing business disruptions from the pandemic.
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Marty Stempniak has covered healthcare since 2012, with his byline appearing in the American Hospital Association's member magazine, Modern Healthcare and McKnight's. Prior to that, he wrote about village government and local business for his hometown newspaper in Oak Park, Illinois. He won a Peter Lisagor and Gold EXCEL awards in 2017 for his coverage of the opioid epidemic.