3 ms·
This is painting physicians as more unique than they are. Carpenters, artists in general, electricians, plumbers, etc. are all in roughly the same boat. A lot
by taeric 3y ago
This is painting physicians as more unique than they are. Carpenters, artists in general, electricians, plumbers, etc. are all in roughly the same boat. A lot of trust built into a reputation that someone built.
Now, sure, the modern world doesn't built up on reputations as much. But the general idea is the same. Such that, yeah, you may find you have nothing that you can sell without you in it, if that is what you built. I'm not clear how PE somehow changes this. They are literally preying on customers/clients that are not savvy enough to know that what they actually valued left?
- atourgates 3y agoNo, I would actually agree that those can be very similar situations from a “selling your business” standpoint, with the difference that while some of their professions have been particularly scarce for a few years, medical specialties have been scarce in many parts of the country for decades, and the pathway to become a medical specialist is highly capacity constrained, while the pathway to becoming a tradesperson is typically more demand (for people wanting to go into the profession) constrained.
- taeric 3y agoI agree with that. I also think, for better and worse, a lot of us that moved around to find a place to live don't value the "reputation" side of things. I hate how hard it is to find services local. So much easier to just hit up Home Depot and such. Medical is, sadly, "what does my insurance/job support?"