Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
A Monopoly Of Anesthesia Practices Is JACKING Up Prices
Posted
July 15, 2023
Views
21,221
Likes
1,127
Comments
206
Engagement
6.28%
July 15, 2023
21,221
1,127
206
6.28%
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11:30Now PlayingMultibilliondollar private equity firm Welsh, Carson, Anderson & Stowe bought up prominent anesthesiology practices and jacked up the prices. Ana Kasparian discusses on The Young Turks.
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"The multibillion-dollar private equity firm Welsh, Carson, Anderson & Stowe took less than a year to create, from scratch, Colorado’s biggest and most prominent anesthesiology practice.
The financiers created a company, U.S. Anesthesia Partners, which in 2015 bought the largest anesthesiology group in the Denver region. Then it bought the next largest. Then it bought a few more. The company employed 330 anesthesiologists in Colorado at one point, according to its website, making it the state’s largest practice by far. It obtained contracts at 10 of the region’s 15 largest hospitals, according to the hospitals."
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