Sheridan.....

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Rebranded as Envision Physician Services?

EmCare + Sheridan. Together |


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AMsurg Bought Sheridan, EmCare bought Amsurg.

Now its all EMCare under Envison.
 
Members don't see this ad :)
yes just curious why the ban?
There are rumors about someone buying out usap as well. I think it remains to be seen whether or not they can "walmart" medicine. At some point so big means quality will fall off, right? Will anyone notice the difference? Will anyone care? Or, like walmart, will it be good enough for the price?
 
yes just curious why the ban?
There are rumors about someone buying out usap as well. I think it remains to be seen whether or not they can "walmart" medicine. At some point so big means quality will fall off, right? Will anyone notice the difference? Will anyone care? Or, like walmart, will it be good enough for the price?


Price to the consumer doesn’t change in the above scenario...it probably will go up in above scenario. Only price that changes is what Walmart pays It’s employees less. So quality goes down for increased price.
 
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yes just curious why the ban?
There are rumors about someone buying out usap as well. I think it remains to be seen whether or not they can "walmart" medicine. At some point so big means quality will fall off, right? Will anyone notice the difference? Will anyone care? Or, like walmart, will it be good enough for the price?

There is a "walmarting" of medicine going on, but the analogy misses in an important way. With Walmart we see the economics of scale resulting in lower prices for consumers. Often these lower prices are for lower quality goods, but at least its lower prices. In medicine, the consolidation and "walmartization" results in higher prices for consumers for lower quality. We always talk about how these management companies are able to negotiate higher rates from insurance companies. That cost is passed on to consumers in the form of higher premiums (and lower wages if you want to think about job benefits). These "Medical Walmarts" also drive down wages for their employees, which drives down quality. The "Walmart" analogy in medicine is even worse than the real Walmart.
 
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This a great film and analogous to how the AMC's takeover anesthesia companies using LBO's:
 
AMsurg Bought Sheridan, EmCare bought Amsurg.

Now its all EMCare under Envison.
Slightly incorrect.

Clayton, Dubilier & Rice Purchased EmCare and rebranded it envision. Flipped it public stock offering

It’s all private equity money.

Welch Carson Anderson private is fueling Usap. It’s going public ipo anytime now. That’s where the money is.

As a side note. Team health turned down big offer from Amsurg around 2015. Got burned and ended up selling for 20% less to blackstone private equity in 2016 which took it private again and they eventually gonna to sell it or flip it public ipo


Get the drift folks?? It’s all private equity trying to flip to ipo. That’s where the real money is. Ipo stock selling
 
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