Re:You Can Thank Private Equity for That Enormous Doctor's Bill
by TheOtherHobbes on Thursday May 30, 2024 @10:18AM
(#40524040)
It does happen to restaurants. Ask Red Lobster.
And to supermarkets - like Morrisons in the UK. And department stores - like Debenhams in the UK.
They join a long list of viable businesses that were/are vampirised by PE for quick returns.
Medicine in the US is just the most perfect platonic example of a PE chokehold on a critical market sector which has drastically negative effects on the rest of the economy, and on individuals who have to deal with it.
And to supermarkets - like Morrisons in the UK. And department stores - like Debenhams in the UK.
They join a long list of viable businesses that were/are vampirised by PE for quick returns.
Medicine in the US is just the most perfect platonic example of a PE chokehold on a critical market sector which has drastically negative effects on the rest of the economy, and on individuals who have to deal with it.