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Monday, March 26, 2007

Surgery as an Investment

Mike Barris has a short article in today's Wall Street Journal saying,

HealthSouth agreed to sell its surgery unit to private investment group TPG for $945 million.
Can't you just see the board meetings where they review sample patient data?

Investment Banker: It says here this fellow's right kidney was swollen.

Surgeon: Yes, that's why we removed it.

Investment Banker: You removed it? Why did you do that? It had grown 25%! That's the kind of investment we're looking for, you dolt!

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