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Dec 6 2023
04:23 pm
“As private equity has moved into health care, we have become increasingly concerned about the associated negative outcomes for patients,” Whitehouse said in a statement. “From facility closures to compromised care, it’s now a familiar story: Private equity buys out a hospital, saddles it with debt, and then reduces operating costs by cutting services and staff — all while investors pocket millions. Before the dust settles, the private-equity firm sells and leaves town, leaving communities to pick up the pieces.”
Senators launch bipartisan probe of private equity's growing role in U.S. health care
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... A 2021 study of nursing
Senators launch bipartisan probe of private equity's growing role in U.S. health care
Well,
it is cheaper if they die.
It's about time. They also
It's about time. They also need to look into private ownership of physician practices that are contracted by hospitals and other providers.
When you get a procedure at a hospital they have you sign a document saying you will pay for any services not covered by insurance. However, they cannot give you a list of providers so that you can check with your insurance company to see if they are included in providers covered by your insurer. What kind of BS is that?