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23min chapter
WCI #334: How You’re Being Ripped Off By Incompetent and Corrupt CMS Bureaucrats with Dr. Alex Shteynshlyuger
White Coat Investor Podcast
Healthcare Payments: Regulations, Third-Party Providers, and Extortion
This chapter dives into the regulations surrounding healthcare payments and the impact of third-party providers, such as Zellis, that impose high transaction fees. It explores the significant costs incurred by medical practices due to credit card fees and payment processor fees, highlighting the role of insurance companies and third-party providers in profiting from these fees. The chapter also discusses corruption and incompetence within the industry, the need for CMS enforcement, and the potential for a lawsuit to address these issues.
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