Medical Economics August 23, 2024
Blaming private equity for the woes of American health care is all the rage in our current era.
Blaming private equity for the woes of American health care is all the rage in our current era. Barely a day goes by without a headline about some misdeed by a private equity investor, or about new government laws to protect the health care industry from the evils of private investment. Conventional wisdom seems to assume that private equity should not be allowed to pursue profits in the health care sector.
But why is private equity interested in health care at all? Why is it that private equity funds want to invest in health care, and when did they start? This answer...