For-profit healthcare is the problem, not (just) private equity
9 days ago
- #private equity
- #healthcare
- #enshittification
- For-profit healthcare is criticized for prioritizing profits over patient care, leading to poor outcomes.
- Private equity (PE) in healthcare is highlighted for its destructive practices, including underfunding services and neglecting maintenance.
- PE-owned healthcare facilities face severe issues like broken equipment, unpaid staff, and unsanitary conditions.
- Hospice care under PE is particularly problematic, with patients often misdiagnosed as terminal to exploit Medicare payments.
- Nonprofit hospices outperform for-profit ones in care quality and patient outcomes.
- The commodification of healthcare is argued to degrade the patient-provider relationship and care quality.
- Antitrust measures alone are insufficient to address the systemic issues in for-profit healthcare.
- Recent and upcoming appearances by the author discuss topics like 'Enshittification' and digital public infrastructure.
- The author's latest and upcoming books cover themes of technology, society, and critiques of big tech and AI.