The article by Bobby Guy explores the growing influence of private equity in the healthcare sector, arguing that the decline of public market opportunities, driven by regulations like Sarbanes-Oxley, has made private equity a dominant force in funding healthcare innovation. Guy suggests that instead of vilifying private equity, efforts should focus on reopening public markets to provide more investment options, which would foster competition and drive advancements in healthcare. This, he believes, is crucial for continued innovation and improvement in the U.S. healthcare system.
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