Leading Experts Address the Growing Role of Private Equity in Health Care
Yale Law School welcomed experts from the fields of law, medicine, and economics on April 1 for a panel on the rise of private equity in health care and its implications for antitrust enforcement. The event was co-sponsored by the Yale Journal of Health Policy, Law, and Ethics, the Solomon Center for Health Law and Policy at Yale Law School, the Thurman Arnold Project at Yale, the Tobin-Cowles Health Economics and Policy Program, and the American Constitution Society for Law and Policy at Yale Law School.
The conversation featured a broad range of perspectives on private equity’s impact across the health sector. The panel included Paul Taheri, a clinical partner in the healthcare group at private equity firm Welsh, Carson, Anderson & Stowe; Erin Fuse Brown, professor of health services, policy, and practice at the Brown University School of Public Health and author of several scholarly articles on private equity in health care; and Fiona Scott Morton, Theodore Nierenberg Professor of Economics at the Yale School of Management and former chief economist at the Antitrust Division of the U.S. Department of Justice. The discussion was moderated by Zack Cooper, associate professor of public health and economics and director of the Health Care Affordability Lab at Yale.
The panel discussed private equity’s role in driving ownership and pricing changes in health care markets throughout the United States. The speakers devoted special attention to private equity firms’ acquisition of physician practices over the past several years and the effects of that trend on physicians and patients.
The event concluded with questions from the standing-room-only audience, which included students from Yale Law School, Yale School of Medicine, Yale School of Management, Yale School of Public Health, and Yale Graduate School of Arts & Sciences.
About the Solomon Center
The Solomon Center for Health Law and Policy at Yale Law School is the first of its kind to focus on the intersection of law and the governance, practice, and business of health care. The xenter brings together leading experts and practitioners from the public and private sectors to address cutting-edge questions of health law and policy, and to train the next generation of top health lawyers, industry leaders, policymakers, and academics.