caucus99percent

free-range politics, organic community

Hospitals As Well?

Apparently private equity is starting to take over hospitals. As this article, 'Private Equity and Hospitals: Have They Finally Gone Too Far?', on Racket News says when talking about how people would have reacted in the old days -

I would hazard to guess that if some speculator came in who wanted to buy the hospital, leverage it up to the hilt, squeeze every last nickel out of it by skimping on supplies, cancel vital services and risk running it into the ground, well, that speculator would have been run out of town on a rail.

Private Equity! From an old lecture called 'Introduction to Private Equity'

Sounds about right to me. But, those days in the past when communities owned and controlled community resources are gone, and private equity is doing just what's described above as it gobbles up hospitals now. After all, gotta make money from health care, right? It's the 'Merican Way'!

In my junior and senior years of high school and all through my college years, I participated in competitive debate. It was a very strange exercise. As a contest, there is one winning side and one losing side -- the classic zero-sum game. There are two debaters per team, each participant speaks twice in the individual debate. The topic debated is the same in every contest for the academic year.

Most of us here may remember the optimism shared around 55 years ago.
And most would agree things have not progressed in favorable terms for us.

The Trump Administration began restricting health care access for Americans on Day 1.

Hangin' at home in suburbia this week babysitting our grandkitty Aurora. She is loving the bigger house and the extra large back yard than her own home. And she already found the catnip patch.
Doing the deep spring cleaning routine and fixing stuff around the house and garage.