I just saw this bogus report and it makes me want to barf:
Wilmington, New Castle, Delaware, April 17, 2024 (GLOBE NEWSWIRE) — Allied Market Research has recently published a report, titled, “Direct Primary Care Market Size, Share, Competitive Landscape and Trend Analysis Report by Type : Global Opportunity Analysis and Industry Forecast, 2023-2032.”According to the report, the global direct primary care market generated $55.8 billion in 2022, and is anticipated to generate $82.5 billion by 2032, rising at a CAGR of 4.3% from 2023 to 2032.
The research group has no real idea of what a pure DPC is. All they know are DINOs, though they mistakenly put one normal DPC in their list.
Why do I hate this? Because I believe it gets other PE (private equity) firms drooling and wanting to hijack the concept of DPC even more. Is that a bad thing? I believe so. Remember, they want 10x from their investment and they want it quickly. So, no matter what the DINO looks like when they start it will soon turn into a patient mill run by nondoctors very shortly.
Could there be a place for VC money in DPC? Maybe. If they use their money to help doctors open their practices with low-interest loans then that would take the pressure off of these physicians who choose to go without a salary as they begin. Other than that I don’t think so. If you have a way then I am all ears.
[…] all of this anger about “DINO” medicine, do you think it would be interesting to know whether these are DPC companies or not? In a related […]