A Call to Modernize Healthcare Ownership: Abolish the Corporate Practice of Medicine (CPOM) originated in the 1920s.
In a world of rapid advancements and evolving healthcare needs, it’s time to end outdated, restrictive laws like the Corporate Practice of Medicine (CPOM). Originally introduced nearly a century ago, CPOM laws were designed to prevent businesses from influencing doctors’ medical decisions. But today, these laws stifle innovation, limit access to healthcare, and keep vital services out of the hands of Americans who need them.
Here’s Why Change Is Overdue:
- Unlock Healthcare Access and Grow the Economy
States like Texas and Arizona, and Florida have shown that relaxing CPOM laws can create jobs and boost local economies. By allowing healthcare startups and corporate investment, these states have expanded access to affordable care, created thousands of jobs, and generated local tax revenue. Imagine the impact if we could unlock this potential nationwide.
- Better Business, Better Care
Physicians excel in patient care, but they’re not always equipped for business management. Repealing CPOM allows doctors to focus on patients while skilled business professionals improve operational efficiency. Florida and North Carolina have seen growth in healthcare services like wellness and weight management clinics, making healthcare more accessible and affordable.
- Modern Needs, Modern Solutions
The healthcare needs of today are vastly different from the 1920s. CPOM restrictions prevent specialized clinics, urgent care centers, and telehealth providers from opening where they’re needed most. Removing these restrictions would give patients access to high-quality care options, improve outcomes, and reduce strain on hospitals.
- Boost Competition and Patient Choice
When states like Alabama and Florida reduced CPOM barriers, it led to more competitive pricing and higher-quality services, directly benefiting patients. Repealing CPOM laws nationwide would create a healthcare system driven by choice and affordability.
Let’s bring healthcare into the 21st century. By retiring outdated laws and supporting policies that promote access, economic growth, and innovation, we create a healthier, more prosperous America. Repeal CPOM—because our health, our economy, and our freedom depend on it.