Private Equity involved in running health care no matter how short the time before they asset strip it and sell it on is a recipe for disaster. Thank god for the NHS no matter its many faults at least they will not try and make a profit from your illness or base treatment on ability to pay.
Private hospitals are already not great (they won’t take risky cases, and they dump any surgery issues right on the NHS).
Given that private equity has never improved the thing they buy with debt, this will make things much, much worse.
Yay capitalism.
*Edit: and it’s all because investment companies feel the share price isn’t high enough, despite the company making nearly £300mn a year in fucking profits. Private equity will just jack up the prices and make us all pay, through outsourced NHS work*.
Surely in a country with both public and private healthcare the public one will automatically win, no?
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Private Equity involved in running health care no matter how short the time before they asset strip it and sell it on is a recipe for disaster. Thank god for the NHS no matter its many faults at least they will not try and make a profit from your illness or base treatment on ability to pay.
Private hospitals are already not great (they won’t take risky cases, and they dump any surgery issues right on the NHS).
Given that private equity has never improved the thing they buy with debt, this will make things much, much worse.
Yay capitalism.
*Edit: and it’s all because investment companies feel the share price isn’t high enough, despite the company making nearly £300mn a year in fucking profits. Private equity will just jack up the prices and make us all pay, through outsourced NHS work*.
Surely in a country with both public and private healthcare the public one will automatically win, no?
At least that’s what Reddit tells me.