Private equity linked to 23% of healthcare bankruptcies in 2024

7 comments

1. As long as the execs get paid on the way out, that’s all that counts 🙂

2. And this surprises us why?

3. r/fuckinsurance

4. Hey, we’re all here to make some fucking money. So what’s the problem. If you can’t pay the bills, go bankrupt or just die.

5. We’ll just keep dancing around the elephant in the room, health care price regulation.

6. Why is this surprising when many have a vulture like business model? They buy an asset, strip it of anything valuable for parts, cut staff, and squeeze the last profits out of the dying beast before it just can’t go on anymore. Then move on the the next

7. This is worse than the corporate raiders of the 80’s