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Private equity has its sights on the NHS – and with it our faith in public services altogether
(www.theguardian.com)
this post was submitted on 18 Aug 2023
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Came here to say just this. They'll promise fucking anything, but here's the reality:
-The system gets worse for patients AND doctors, because the money is now reserved for the investment firm rather than for paying for services or supporting the hospital. Basically, they'll determine that there are "inefficiencies", like maintenance on equipment like ventilators and IV pumps, free parking (not kidding), doctors seeing less than 4 patients and hour (not kidding), nurses having less than eight patients (also not kidding), and having certain specialties on call 24 hours (for the current rate) and "cut" the inefficiencies. Of course, none of that money being saved actually goes towards improving things for the hospital, patient, or provider, it just gets pocketed by the private equity firm.
-Starting with smaller, more rural hospitals, they'll start stripping the hospitals for assets while simultaneously yelling constantly about how broke the hospital is and begging for huge taxpayer handouts just to stay open for another year. Eventually, in spite of any government bailouts they've received, they'll still close the hospital anyway, assuring everyone that they're very sad about it, but it'll be okay because at least the bigger hospital down the road is still open (for now).
Don't do it, you guys. Send these fucks packing and vote out any politician that tries to tell you that they need to let them fuck up your healthcare system.
We're gonna get the choice to vote for politicians that won't, right? Right?
Yeah, shareholders and social services don't get along well and never will. The blackholes want returns on their investments, and those returns have to be incremental, you have to make more profit every quarter. CEOs will start squeezing every last penny out of people and the government until the healthcare system becomes a shell of itself and only available for those rich ones. We are living it here in the states. Social services like these can never work with capitalism and its profits.