PE success story

[nimbus]

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The difference between this garage door company and most anesthesia practices is that the workers in the garage door company went from no ownership to some ownership. Anesthesia practices generally go from full ownership to partial or no ownership.

https://www.npr.org/2024/09/20/g-s1-23465/most-americans-dont-like-their-job-a-private-equity-investor-says-he-has-a-fix

 

[aneftp]

The difference between this garage door company and most anesthesia practices is that the workers in the garage door company went from no ownership to some ownership. Anesthesia practices generally go from full ownership to partial or no ownership.

https://www.npr.org/2024/09/20/g-s1-23465/most-americans-dont-like-their-job-a-private-equity-investor-says-he-has-a-fix

He’s preaching the usap model of employee ownership. It made sense.

The issue is how much is the stock worth? You win some. You lose some in the game of life and risks.

The ups blue collar workers are a success story though

But in terms of anesthesia practice ownership . I disagree with you. Unless the anesthesia practice owner stakes in surgery center. They offer very little “value” to investors. Your value as as an owner of an anesthesia company is worth your current contract with the surgery center and hospital.

If an anesthesia company (mednax /southeast anesthesia/atrium) loses its contract. It becomes zero. So the partners who sold out to mednax in 2011 made out like bandits (those who left right after their obligation period ended (3-5 years).

 

[amyl]

It takes a long time to replace a crna and even longer to replace a doctor. Other private equity endeavors have a product to sell and/or name recognition. The value of an anesthesia group is the stability of its contract (increasingly tenuous in today’s environment) and the stability of its workforce and willingness to pick up the slack/work deficits. There are no “cogs” to sell. That makes private equity medical practices a different animal

 

[PainDrain]

It takes a long time to replace a crna and even longer to replace a doctor. Other private equity endeavors have a product to sell and/or name recognition. The value of an anesthesia group is the stability of its contract (increasingly tenuous in today’s environment) and the stability of its workforce and willingness to pick up the slack/work deficits. There are no “cogs” to sell. That makes private equity medical practices a different animal

I thought the value of an anesthesia group was the number of hack locums you bring in to replace the stable group? 🤔. No wonder I wouldn’t survive in PE. 😂

 

[nimbus]

The profit-obsessed monster destroying American emergency rooms

Private equity decimated emergency care in the United States — without you even noticing.

www.vox.com

 

[GravelRider]

https://archive.is/L9AuV

PE buying up the plumbers and HVAC. Small business will be a thing of the past.

 

[ryanjmy]

PE success story​

Several years ago I had a pt with a saddle PE code twice in the ER and once in the elevator to the OR. She walked out of the hospital a few days later.