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That's for hospitals though, in one state. Approximately 45% of GPs in Australia work in practices owned by private companies https://www.monash.edu/business/
by ern 13d ago
That's for hospitals though, in one state.
Approximately 45% of GPs in Australia work in practices owned by private companies
https://www.monash.edu/business/che/impact-and-engagement/research-bites/how-have-corporate-owned-medical-practices-changed-healthcare-services https://www.monash.edu/business/che/impact-and-engagement/re...
- bmurphy1976 13d agoYou have to start somewhere.
- dghlsakjg 13d agoI don’t have a problem with privately owned clinics, but I do think it should have to be majority owned by the operators. What percentage of that 45% is just doctors that run their own office vs. investment firms.
- elliotto 13d agoI agree there is still a long way to go. I hope this case shows that there is political will and ability to push back against private equity rot. Many of the commenters here treat these forces as inevitable and unstoppable - but it is possible to take ground back against them. It's unfortunate it took the death of a child for this to happen.