Healthcare delivery and profit is causing havoc in the US.
In recent years, private equity firms have quietly become some of the most powerful players in American healthcare. They now own emergency medicine groups, anesthesiology practices, dermatology clinics, and even entire chains of primary-care offices. What began as a trickle has become a takeover—and patients are feeling the consequences.
Private equity is built on a simple model: buy fast, cut costs, raise revenue, sell for a profit. That approach may work for restaurants or retail, but it’s fundamentally incompatible with medicine, where the priority should be quality of care—not quarterly targets. Yet in emergency rooms across the country, staffing is optimized not for safety but efficiency. Doctors are pressured to see more patients in less time. Mid-level providers replace physicians. And behind the scenes, billing departments are armed like revenue-extraction machines.
Our government is letting it happen.