Thursday, May 17, 2012

Private equity gets another ding — dentistry

A crown on a four-year-old's tooth? That's just one of the consequences of private equity's leap into the dentist's chair.

That's because dental management companies frequently overtreat their patients when backed by private equity, often to those patients' detriment, according to a Bloomberg report.
The problem has become serious enough that the U.S. Senate and six state governments have begun investigating allegations of both inferior and over-treatment by dental management companies, such as unnecessary braces and crowns on baby teeth, according to Bloomberg.
Read it at The Huffington Post
Private Equity Firms Push Dentists To Detrimentally Overtreat Patients: Report
by Bonnie Kavoussi | The Huffington Post

The post is not limited to dentistry. Private equity is not getting good press lately, since Romney's pursuit of the presidency shined light on Bain.

No comments: