> Sucking private capital out of healthcare is going to make it vastly worse for everyone; higher prices and less innovation.
Injecting PE into healthcare is what made it vastly worse for everyone in the first place. You can't have it both ways.
Injecting PE into healthcare is what made it vastly worse for everyone in the first place. You can't have it both ways.
VC's can still fund companies that are making expensive new products.
Banks (and PE...) can still underwrite loans for these things.
We have many solutions for capex-intensive businesses and have had these for over four hundred years. LBO-type PE is not even fifty years old yet
I think you misunderstand me. I think what is proposed to be banned (employers of doctors who are PE firms) should not exist. It is strictly not necessary, and there's an excellent example of the consequences playing out across Massachusetts right now (which explains the bill's introduction by Warren)..
I'm not sure how we decided only lawyers can run law firms but that anybody can operate a hospital...