4 ms·
Don't get the wrong idea about this announcement. The problem is not that pediatric urgent care is not a viable business. The problem is that it's not a great
by jawns 2y ago
Don't get the wrong idea about this announcement.
The problem is not that pediatric urgent care is not a viable business.
The problem is that it's not a great VC-funded business.
VC investors are hoping for huge growth and eventually earning back multiples of their investment.
That's going to be really hard to do in this segment of the health-care market.
We've got a wonderful pediatric urgent-care place in our area, backed by the best children's hospital in our metro region, and it seems to be doing great. But does that mean it could ever grow at the rate needed to satisfy VC investors? Probably not.
- dgfitz 2y agoGeriatric care will be the gold rush of the 2040s. If I knew a solid way to invest in that, I would.
- imperialdrive 2y ago2040's? It is happening, now.
- bhouston 2y agoIn Canada it has been the growth of old folks homes. I expect there will be a glut of them in 39 years or so. The companies behind them have likely made a killing.
- sam0x17 2y agoThis mindset (that it will be a goldrush) is why we can't have nice things. Can't trust capitalism to do this kind of stuff in a non-exploitative way
- dgfitz 2y agoWe don’t have nice things because congress sucks. Keep Blaming capitalism, that wall has lots of screams to bear yet.
- sieabahlpark 2y ago[dead]
- stevenwoo 2y agoPrivate equity has already beat you there and senior housing in the USA and there are already REITs that specialize in nursing homes.
- vasco 2y agoBuy a house, employ 6 nurses?
- kennyloginz 2y agoThe Gaetz family probably owns this sector.
- 12345hn6789 2y agoThis is already happening. I know a guy who literally cannot keep up with the demand for hearing aids. He has multiple locations already.