Thread

Bill to Ban Private Equity from Owning Medical Practices

509 points · 384 comments · paimapi

NegativeK · 1789944184 · 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. czhu12 · 1789956301 · focus · HN ↗
  The economist did a piece in defense of private equity a few months ago. Basically boils down to more efficient resource allocation across an entire economy, deep pools of capital to rapidly transform businesses into things people want to buy from.
  Gift link: <a href="https://www.economist.com/podcasts/2026/02/19/a-love-letter-to-private-equity?giftId=NmVmNzZjODctZjEzMy00MjVjLThmODktZDUyMmExZDMyNjFl&utm_campaign=gifted_article" rel="nofollow">https://www.economist.com/podcasts/2026/02/19/a-love-letter-...
  1. cyberax · 1789958730 · focus · HN ↗
    The thing is, we're now learning that efficient resource allocation in the short run is not necessarily what we want in the long run.

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