KUTradition wrote: ↑Mon Aug 07, 2023 10:14 am
when these sorts of things are run in a for-profit way, people will suffer…it’s really no different than prisons in this sense
maximizing profit while minimizing investment is ok…so long as human welfare isn’t caught in the middle
Private Equity companies have been buying up and now own about 70% of the hospital emergency room physician groups in the US, and according to the physicians and staff, the increased number of tests they're
required to order reflects the change, as in higher margins for the PE owners, and increased costs for individuals, insurance co.s, Medicare, and Medicaid.