Strange Tony,
You are well aware that financial rapscallions have overrun various aspects of our healthcare delivery system. The Federal Trade Commission is taking public comment on the impact of private equity ownership in healthcare. There are over 1,400 comments to date.
I have perused a few of them. Numerous emergency room physicians detail the damage done by private equity firms in their ceaseless pursuit of outsized returns. Dentists, radiologists, dermatologists and nurses detail the specific ways financial rapscallions have harmed staff and patients.
There are a few comments that mention hospice as an area of consolidation by financial rapscallions. I offered a comment detailing the harm done to our hospice after being majority acquired by WCAS and TPG Capital. I encouraged the FTC to look at the real time harm being done as Gentiva "integrates" Heartland Hospices, once owned by Promedica.
Private equity industry insiders with a conscience have commented, well aware of the possibility of targeted retaliation. Hats off to these people.
The door is open for anyone to comment. Any comments must be submitted by May 6th.
Healthcare workers have the opportunity to share their thoughts, experiences and recommendations on healthcare buyouts, the majority of which are done by private equity. Please do so, as inspired.
Anonymous
If you are interested in commenting:
Click on this link and look for the Navy Blue box that says "Comment."
If you are interested in reading the comments, click on the link above and look for the box that says "Browse Posted Comments"
