It pretty much parallels private equity leveraged buyouts (LBOs) and the typical pattern of buying up medical practices, hospitals, veterinary clinics, industrial capacitor manufacturers, and everything else that's not nailed down and doing asset stripping.

Private equity and for-profit deathcare are evil. When these assholes buy up tiny hospitals, shutter specialty services, and use this as an excuse to sell more life flights while delaying care, the shit is way past criminally rotten.

Oh and insurance is doubling for tens of millions of Americans next year.

Then there's Medicare Advantage bankruptcies because it's fake, predatory deathcare.

Nonprofit and single-payer healthcare or bust, because ordinary Americans need a humane amount of welfare too, not just another trillion showered on the morbidly rich.

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kridsdale1 3 days ago | parent [-]

It sounds like goddamn Chinatown.

	▲	burnt-resistor 3 days ago \| parent [-]
		Reality is much worse than a noir plot for almost everyone in America not middle-class or rich; it was only marginally better post-Obama/RomneyCare where a major health event like cancer can still easily lead into one or both of these common scenarios: A. Can't afford treatment and denied by insurance? One must beg on GoFundMe to get life-saving treatment because they reached insurance lifetime limits, lacked disastrous coverage, or it's considered "experimental"/"not medically necessary". B. Spend their last weeks going through chapter 7 or 13 personal bankruptcy where they fight with healthcare collectors to keep transportation, housing, and clothes in their final days while they're in pain, on nasal infusion pumps, etc. Sell almost everything and hand it to the collection vampires. Oh, and about the only way to qualify for Medicaid for extremely expensive long term care (not covered by Medicare) should anyone live long enough to become elderly requires having almost no income and no resources. If one becomes disabled and/or elderly without resources, dual eligible (Medicare and Medicaid) is the best place to be (SNP) or one is probably looking at homelessness, misery, and/or a shorter life. Medicaid cuts were passed to pay for tax cuts for billionaires that won't take effect until after 2026 midterm elections. Millions of elderly people are at risk of being made homeless and around 1 in 5 elder care facilities and many thousands of rural hospitals will close. Meanwhile, half of the White House is demolished to make it horrible, POTUS is enriching himself with planes and gold trinkets, goes golfing for millions of dollars, and has a Great Gatsby-themed party without understanding how bad it looks.