Based on this and similar headlines, it should be obvious by now that if you are a supplier to any business that is subsequently acquired by PE, you would be wise to demand cash on the barrelhead for sales to them.
The same Private Equity big heads then go on podcasts and dinners where they talk a great deal about "how we should make healthcare work for everybody".
It's usually testing the waters for running for office as governor or senator .
And people applaud them because the notion that greed is good is deeply entrenched in our brains it's ridiculous.
I’ve yet to hear of a single case of private equity actually making anything better.
As far as I can make out private equity means “we are not actually capable of successfully operating businesses, all we can do is extract the immediate value of businesses created by others”
Many things convinced me to leave medical school, fifteen years ago, but a major professional consideration occurred during my emergency medicine rotation: I got into an ongoing, public, verbal dispute with the dean of our public US school (over a kickback he was receiving, at student expense).
(To lend credibility to my jaded recollection/POV, that semester we both left that medical school)
This experience with then-Dean, JD, opened my eyes to the cutthroat nature of a (even back then) massively-privatizing healthcare system... which I decided I couldn't morally/fiscally afford to become a part of. So thank you Dr. B... you helped me realize there are soooo many other ways to make money (honestly) helping people.