‹ BackHN Continuity

Thread

Bill to Ban Private Equity from Owning Medical Practices

509 points · 384 comments · paimapi

  1. NegativeK · · focus · HN ↗
    Can someone steelman private equity, please? I'm honestly looking for the upsides (for non-investors) of when PE moves into an industry like medicine and begins buying up businesses that traditionally aren't already large chains.

    I already hear the downsides frequently from someone whose work is directly affected.

    1. DonsDiscountGas · · focus · HN ↗
      The most obvious answer is that freedom needs no justification, restrictions on freedom need a justification.
Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.