17 min listen
“The Golden Age of Older Rectums” (for investors)
FromAn Arm and a Leg
ratings:
Length:
20 minutes
Released:
May 5, 2022
Format:
Podcast episode
Description
A new golden age is dawning, and it starts where the sun don’t shine.A listener got a pricey quote for her colonoscopy, but the medical practice behind it seems like “the only game in town.” We scope it out and learn the surprising reason why: Investors have decided your butt is a goldmine. Private equity investors have made their way into many areas of our lives. Now, they’re at the gastroenterologist’s —and lots of other medical specialists, too. We learned why these doctors are selling their practices to private equity, and what it could mean for your health care and your bills. Correction notice: The original version of this story mis-identified the organization where Claire McAndrew worked when we spoke to her in 2019. Whoops. We've updated the audio file, so it's correct now.Here's a transcript for this episode.As always, we'd love you to:Subscribe to our newsletter, First Aid KitShare your stories and questions, either on our site or call 724 ARM-N-LEGPitch in to support this show financially. Hosted on Acast. See acast.com/privacy for more information.
Released:
May 5, 2022
Format:
Podcast episode
Titles in the series (100)
Why Health Insurance Actually Sucks (Season One, episode 6): Turns out, insurance companies allow — even encourage — crazy price-gouging by hospitals. For example, the leg brace Blake needed was available for $150 on Amazon. But thanks to his insurance, he paid more than $500. by An Arm and a Leg