Exactly. All I'm arguing is that when you see PE swooping in, it means something is urgently wrong with the industry. My guess (as I alluded to in my earlier po

Exactly. All I'm arguing is that when you see PE swooping in, it means something is urgently wrong with the industry. My guess (as I alluded to in my earlier post) is that for private practice medical adjacent stuff like dentists and vets the issue is that the newer generation of people going into the field don't have access to the capital necessary to actually start their own business. These are relatively capital-heavy businesses (medical equipment is $$$$).