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Ep #125: Private Equity in EM: Less Shifts, Pay, and Jobs
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Are you aware of private equity’s involvement in emergency medicine? You may or may not have directly experienced their involvement, but if any of the following sound familiar, it very well could be the result of PE ownership: lack of flexibility internally to work more shifts; difficulty picking more desirable shifts; and/or less higher paying opportunities available.
The reason for this is similar to inflation. Take a company like Doritos. The way they combat inflation is by not only increasing prices, but by also decreasing the amount of chips per bag by 5%. Although it may seem inconsequential as a consumer, it adds up for the producer. The same thing exists for emergency medicine – things are getting smoothed out, but it can be difficult to notice. We’ll discuss that on today’s episode.
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