Private Equity, The Most Predatory Industry In America - Robert Reich. PE Hospitals, Riskier For Patients

[appalachiablue]

Last edited Thu Dec 28, 2023, 01:05 PM - Edit history (1)

- Hospitals Owned by Private Equity Firms Riskier for Patients, Study, CNN; NYT, Dec. 27, 2023. (CNN) - Health care is more hazardous for patients at hospitals purchased by private equity firms, financing models designed to make money for investors. That conclusion comes from a new study published Tuesday in the journal Jama...NYT, Medical Errors,
https://www.democraticunderground.com/114233192
- Private Equity, Wiki
https://en.m.wikipedia.org/wiki/Private_equity
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- Robert Reich: economist, professor, writer, former Secretary of Labor, author of The System, The Common Good, Saving Capitalism, Aftershock, Supercapitalism, The Work of Nations. Co-creator of "Inequality for All" and "Saving Capitalism." Co-founder of Inequality Media https://substack.com/@robertreich

- Privatization, Robert Reich

[AllaN01Bear]

1. vulture capitalizem and just plane greed.

[appalachiablue]

2. Indeed, PE and greed are adding to the decline of the US & democracy.

[2naSalit]

3. And our current state of...

Malaise is where that all got us. It has gone unchecked for far too long and here we are, facing the choice of our existence or a dark, miserable end soon to come.

[vanamonde]

4. How does one find out whether a given hospital

is owned by a PE firm? Anybody know?
Thx

[appalachiablue]

5. Good question, I've wondered about that too. I guess

Google the hospital (or medical practices, clinics, etc) to learn who the mgmt., owner group is and look into them online. Dig deep since 'cover' entities are fairly common I think. And the AMA (Amer. Medical Assn.) but I think they have opposed universal health care, not sure about them.

- ProPublica does excellent reporting in the public interest. Their website has more feature type articles exposing particular cases of malfesance by corporations and other groups. I don't know if they have lists of bad actors. Public Citizen is another good group.