When healthcare meets private equity; what can possibly go wrong? Ask the F.T.C..
When healthcare meets private equity; what can possibly go wrong? Ask the F.T.C. The NY Times recently reported the Federal Trade Commission (F.T.C.) was going after a private equity-backed anesthesia group that has been consolidating and dominating local markets with Wall Street money. A close friend of mine has described what happened in his group, first at Barnabus, and then during the pandemic at JFK hospitals when private equity purchased these groups. Doctors like him were being replaced with nurse anesthesthetists (not necessarily bad for patients) as they attempted to do things to improve their profits and he was, as
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