
Nursing and doctor shortages aren’t real. They’re manufactured by hospitals that refuse to put patient safety first over profits by hiring enough staff.
You can thank private equity for that.
https://v.redd.it/iqh8l5o5lcpf1
by Conscious-Quarter423
5 comments
Capitalists are all for free markets until it’s capitalists having to compete for labour by offering fair wages.
Voters voted for this.
They voted for Wall Street and against Labor and NLRB.
Private equity has no limits on their own.
This isn’t new unfortunately. Here’s a short documentary about a local county hospital in a small town.
[https://www.youtube.com/watch?v=xzaCZs_qtI4](https://www.youtube.com/watch?v=xzaCZs_qtI4)
Maybe because
>since managed care went into effect in 1970, the number of doctors in America has risen approximately 200%. But the number of healthcare managers (administrators) has risen over 3,800%. In the same time frame (1970 to 2019) healthcare costs have risen 3,100% or on a per-person basis, from $353 in 1970 to $11,582 in 2019 (the dollar amounts have been adjusted for inflation). See healthsystemtracker.org. There are now 10 administrators for every physician in the United States.
https://pnhp.org/news/10-administrators-for-every-1-doctor-we-deserve-a-better-healthcare-system/
private equity = leeches on society
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