Vultures: The Private Equity Firms That Gobble Up Hospitals and Spit Them Out

[mopinko]

5. even tho chicago is a big city, we have hospitals that r gonna crash if we lose medicaid.

1 of the long time safety net hospitals, where the uninsured know to go, was bought up by 1 of these firms. it’s been threatened w closure over poor patient care.
y these clowns wd buy a hospital like that mystifies me. they had long run at a loss.
honestly, i dont get how it works.