Thread

Bill to Ban Private Equity from Owning Medical Practices

509 points · 384 comments · paimapi

elliotto · 1789946586 · focus · HN ↗
Australia is on its way down this path after Brookfield / Healthscope was holding a private hospital hostage against the government and had performance so degraded a child died. Hopefully we (aus) continue down this path of burning off the rot.
<a href="https://www.abc.net.au/news/2025-03-27/nsw-government-joes-law-hospital-services-partnerships/105101938" rel="nofollow">https://www.abc.net.au/news/2025-03-27/nsw-government-joes-l...
1. ern · 1789949535 · focus · HN ↗
  That's for hospitals though, in one state.
  Approximately 45% of GPs in Australia work in practices owned by private companies
  <a href="https://www.monash.edu/business/che/impact-and-engagement/research-bites/how-have-corporate-owned-medical-practices-changed-healthcare-services" rel="nofollow">https://www.monash.edu/business/che/impact-and-engagement/re...
  1. dghlsakjg · 1789952213 · focus · HN ↗
    I don’t have a problem with privately owned clinics, but I do think it should have to be majority owned by the operators. What percentage of that 45% is just doctors that run their own office vs. investment firms.

Unofficial Hacker News client; not affiliated with Y Combinator.