Strange Tony,
Financial rapscallions have caused widespread harm in healthcare. Only a sycophant could refer to their impact as "elevate."
Private equity and venture capital are the business version of iatrogenic disease.
"...a state of ill health or adverse effect caused by" management greed
Obscenely wealthy principals partner with executives to shovel money into their pockets from the work of hospice multidisciplinary teams. Strict staffing models, combined with bad technology and high turnover, mean salaried nurses often work 70 hours a week for 40 hours pay.
That's a win for greedy management. It's cheating and overworking staff.
Elevate happened yesterday in Washington, D.C. Did any members of the Federal Trade Commission attend? I hope so. They should be much smarter after months of public comment on healthcare consolidation (mostly by private equity).
Anonymous
All true. Sadly. I wrote a book on my experiences working as a chaplain under a greedy boss and a private-equity firm and the harm to our patients. “Surviving Hospice: A Chaplain’s Journey Into the Business (side) of Dying.”
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