The corporate practice of medicine has been around for a while, but it gained momentum in the 1980s with the rise of health maintenance organizations (HMOs). These HMOs were like the Walmart of healthcare, offering discounted rates and streamlined services. However, they also led to a loss of autonomy for doctors, who found themselves having to answer to corporate higher-ups rather than their patients.
Fast forward to today, and we've got private equity firms and venture capitalists jumping into the healthcare fray. They're like the sharks on Shark Tank, looking for the next big thing to invest in. And what's bigger than healthcare? It's a multi-trillion dollar industry, after all.
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