Loss for Private Equity, UnitedHealth: Oregon Bans Corporate Control of Doctors

thebignewsletter.com

46 points·PaulHoule··5 comments

Next I hope they'll exclude private equity from making a comparable mess of dentistry, veterinary, legal, and every other professional service they've parasitized.

Better yet, let's encourage all service-oriented businesses toward becoming not-for-profit (to serve the customer/patient) or at least ESOPs (to serve the practitioner) rather than blood-sucking Wall Streeters (who serve only themselves).

They way private equity firms get a loan to buy a company and then put that loan on the company's balance sheet is self-dealing and should be illegal.

They should add dentists and vets to this interdiction. Huge fee increases over the past ~10 years. In the case of vets = huge increase of pet death under suffering as people can not afford the steep fees.

When I had to get a cat neutered last summer I was was hoping to skip the line at the SPCA ($40) or the clinic for community cats ($0 and seems to sell out 30 seconds after registration opens) and called some private practice vets and was shocked to get quotes like “two visits + bloodwork = $700”

Went to the SPCA but I can see why talk of an affordability crisis wins elections.

Vets are skilled, but a 'match MD $' seems to have infested the field. The result is people are forced to let their animals die unmedicated because they lack the $$ or credit to save their pet, a very sad anguish.

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