Private equity and venture capital firms have invested heavily in innovative health care services in a range of settings, including nursing homes, 1 primary care practices, 2 and Medicare Advantage insurers. 3 These firms promise to increase efficiencies and reallocate resources in ways that make a hidebound sector more consumer friendly and economically sustainable. They claim that new mobile technologies, better data analytics, and organizational changes will reduce back-office costs, improve

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... the match between patients and clinicians, and encourage the use of cost-efficient care.