Veterinary medicine is big business and private equity investors are taking notice. Medical spending on companion animals is up sharply and stands at nearly $40 billion annually. Private equity has poured more than $60 billion into veterinary investments since 2017. Investors are snapping up practices and raising prices. You may think you’re going to the same vet you’ve gone to for years. Then one day the prices are much higher, and you’re pressured to get more services than usual.
Category: News and Events
Saturday Links
- FDA endorses the idea of a hospital at home – utilizing digital technology.
- Alex Tabarrok on the plusses and minuses of non-competes.
- The benefits of vaccines.
- Hypochondriacs don’t want to be cured.
- Not all of the NIH “cancer myths” are really myths.
- The uneasy case for banning Chinese pharmaceuticals.
Friday Links
- Does health care improve health? Scott Alexander contra Robin Hanson.
- Certificate of need (CON) laws still operate in 35 states.
- Why Medicare won’t pay for additional breast scans.
- Is the government hiding something about the “Havana Syndrome”?
- Why ACOs aren’t working.
- Cost of new regulations under Biden: $1.37 trillion.
FTC to Ban Noncompete Agreements. Will Your Doctor be Freed Too?
Nowadays nearly three-quarters of physicians are hospital employees or employed by investor-owned group practices. Many are bound by employment agreements that limit their ability to easily leave a job for a new one.