One of the themes that keeps bothering me is the increasing purchases of various types of health care practices by private equity groups with increasingly pernicious results. These purchases involve loading up the acquired business with debt which adds substantial pressure to reduce staffing and expenses to meet debt service and profit goals. Congress is now looking as excesses in the hospice area, and ER docs are beginning to push back on pressures to pare down care by the financial side of the business. Several years ago the concept of "government death panels" was a hot political issue but profit driven death panels run by employees earning bonuses by meeting financial goals is worse.
Private equity’s ER staffing practices attract fire
https://replica.seattletimes.com/po...?artguid=55dab57c-e919-47ca-a261-e5c7b4b18243
Private equity’s ER staffing practices attract fire
https://replica.seattletimes.com/po...?artguid=55dab57c-e919-47ca-a261-e5c7b4b18243
