Medicine and Private Equity Firms (PEFs)
…or – Making Pain Pay!
Hippocrates, for whom the Hippocratic Oath is affectionately named, covers the breadth and depth of his knowledge and teachings from his life as a healer. Scholars believe it to be a compilation of his writings and teachings, estimating that it was written in the 4th or 5th century BC. The most memorable phrase attributed to Hippocrates, “First do no harm”, as an admonition to the physicians who would follow him, is a paraphrase of ‘either help or do not harm the patient,’ and probably ‘I will abstain from all intentional wrongdoing and harm.’
It offers a comprehensive list of cautions for covering topics such as Abortion, Religious Themes, and Euthanasia. Hippocrates’ central premise is to ‘Treat the patient, not the disease’, which is a real departure from where we find ourselves today in Merka and the Business of Medicine – or as I like to think of it, “Making Pain Pay”!