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re: Apparently private equity is buying up small hospitals in LA
Posted on 3/19/24 at 10:04 am to GeauxTigers123
Posted on 3/19/24 at 10:04 am to GeauxTigers123
quote:I have been selling to HC facilities for years.
Some of the articles state that people won’t do business with them anymore cause they won’t pay suppliers
PE from out of state comes in and tries to cut your margins to zero, cuts quality of supplies or services. Then to top it all off they stretch you out to 90 days. I now just assume the acct is gone.
The operators that are local or regional buy them and you have nothing to worry about.
This post was edited on 3/19/24 at 10:06 am
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