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Profit-Obsessed Private Equity Is Now Dominating the US Hospice System

The US hospice system is supposed to provide compassionate end-of-life care. But private equity firms have swallowed up the industry: 7 out of 10 hospice agencies are now for-profit, putting profit maximization over patient well-being. ....

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Envision Healthcare on the Rocks

Envision Healthcare on the Rocks
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Former Southwest General hospital Texas Vista closes after 40 years

Texas Vista Medical Center, formerly known as Southwest General Hospital, in San Antonio has shut its doors. ....

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Links 4/8/2023 | naked capitalism

Our flamboyant daily links: roving moose, sand cats, ancient druggies, Covid as vascular disease, Walmart EV chargers, China practices Taiwan cordon, NATO leaked doc row, ICE data overreach, moar Clarence Thomas, unstoppable US labor market, brokered depoits ....

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Investors Extracted $400 Million From a Hospital Chain That Sometimes Couldn't Pay for Medical Supplies or Gas for Ambulances — ProPublica

Prospect Medical, which mostly serves low-income patients, has suffered a litany of problems: broken elevators, dirty surgical gear, bedbugs and more. Its owners, including Leonard Green & Partners and Prospect’s CEO, have cashed in. ....

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