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Message
re: Apparently private equity is buying up small hospitals in LA
Posted on 3/19/24 at 9:40 am to LaLadyinTx
Posted on 3/19/24 at 9:40 am to LaLadyinTx
quote:
There have been for profit hospital corporations, both traded publicly and owned by private equity firms for 30+ years. It's not something new.
This situation IS relatively new.
STOP conflating regular capitalism with the vulture-like capitalism of these super-greedy private equity companies.
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