Quality of care declines after private equity takes over hospitals
Quality of care declines after private equity takes over hospitals
Patients are more likely to fall, get new infections, or experience other forms of harm during their stay in a hospital after it is acquired by a private equity firm, according to a new study led by researchers at Harvard Medical School.
There is a discussion on Hacker News, but feel free to comment here as well.
“The researchers said the findings are alarming because they may reflect bottom-line incentives overshadowing patient care and safety.” Folks, that is the entire goal of the acquisition, to drive financial performance, not patient outcomes. What did they possibly expect would happen? That is the entire goal! This shit really needs to get sorted. Financial goals should never be the top priority in any healthcare provider setting.
hospitals vs hospitals with a man in the middle taking money for himself.