Wall Street is aggressively remaking a health-care system once the domain of independent-minded doctors and nurses. In 2018 alone, private equity firms made $63.1 billion in medical deals, up about 50 percent from the year before. While private equity has managed to turn around some failing businesses and industries, the health-related acquisitions are coming so fast that the American Medical Association has scrutinized these deals because of concern that patient care might get shortchanged.

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From the Texas Trial Lawyers Association news release.