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An Arm and a Leg

“The Golden Age of Older Rectums” (for investors)

An Arm and a Leg

An Arm and a Leg

Society & Culture, Medicine, Health, Health & Fitness, Documentary

4.81.1K Ratings

🗓️ 5 May 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

A new golden age is dawning, and it starts where the sun don’t shine.


A listener got a pricey quote for her colonoscopy, but the medical practice behind it seems like “the only game in town.” We scope it out and learn the surprising reason why: Investors have decided your butt is a goldmine. 


Private equity investors have made their way into many areas of our lives. Now, they’re at the gastroenterologist’s —and lots of other medical specialists, too. We learned why these doctors are selling their practices to private equity, and what it could mean for your health care and your bills. 


Correction notice: The original version of this story mis-identified the organization where Claire McAndrew worked when we spoke to her in 2019. Whoops. We've updated the audio file, so it's correct now.


Here's a transcript for this episode.


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Transcript

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0:00.0

Hey there, quick announcement, I am still super tired after COVID, and we're going to slow

0:05.8

down our release schedule a little till I'm back up to full strength.

0:08.6

We'll have a little more about what's next at the end of today's story.

0:12.2

Alright, here we go.

0:14.1

Big news.

0:15.9

Investors have decided your butt is a gold mine, and here's how we got into this.

0:20.3

Over the last few months, our producer Emily Pisa Quetta has been keeping an eye on the

0:24.2

arm and leg inbox, and a while back, she saw an email from a listener who wanted our

0:29.0

take on something, and the story that unfolded took us in unexpected directions.

0:35.2

Emily?

0:36.2

Yep.

0:37.2

The email came from a listener named Mariel.

0:39.4

Mariel's in her late 30s.

0:40.8

She works in marketing, and she lives with Crohn's disease.

0:44.0

That's a chronic inflammatory bowel disease.

0:46.6

Every time I go see my gastrologist, I get signed up for some sort of unpleasant diagnostic

0:52.6

test of some sort, and so I usually try to avoid it as long as possible.

0:57.8

Mariel used to live in Alabama, where she saw the same gastroenterologist for years.

1:02.6

But recently, she moved to San Antonio, Texas, where she's from.

1:06.5

And even though she might like to avoid it, the time does come for her to find a new gastroenterologist

1:11.0

in Texas, and she makes an appointment.

1:13.5

My mother had gone to see someone in this practice, and she recommended them.

...

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