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A comment on After private equity takes over hospitals, they are less adept of providing care. Parent comment

Re:After private equity takes over hospitals, they are less ... by uoaei on Thursday August 08, 2024 @10:00AM (#41191625)
the story goes, we let people run amok in markets because they're "self-correcting". the reality is, we continue to ignore the effect of delayed corrections and what damage might be incurred in the interim.
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Re:After private equity takes over hospitals, they are less ... by rsprinkle on Thursday August 08, 2024 @10:47AM (#41192131)
The is called privatizing profit and socializing risk. Current management philosophies are all about mining assets and when the mine is empty, move on. It used to be about growing assets.
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Re:After private equity takes over hospitals, they are less ... by uoaei on Thursday August 08, 2024 @11:22AM (#41192504)
another way to articulate that dichotomy is through the lens of industrial vs financial modes of capitalism.
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Re:After private equity takes over hospitals, they are less ... by rqtwteye on Thursday August 08, 2024 @10:16AM (#41191786)
True. In many cases the self-correcting cycles of markets may take decades or centuries.
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