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Without all the safeguard regulations that lobbyists demolished, it was working pretty well, but the lack of accountability is deadly in so many fronts.

Private equity is a cancer on any businesses they acquire. They suck out cash and leave debts to be serviced. Mixing them with health care is horrific - the lowest of an already moral-free finance model. Great read - thorough and clear. Wish you didn't have to write it.

Our for profit system. Excellent read!

US healthcare in a nutshell

And people wonder why people aren't sad to see a healthcare CEO get shot.

We need to do another Luigi Job

If those numbers are right, then about 2.4¢ of every $1 spent in the US for any reason goes to CVS/Aetna or UnitedHealth. The math: Health care part of economy = 17% ≈ 1/6 Fraction of HC money spent that goes to those companies = 1/7 1/6 * 1/7= 1/42 = 0.0239 => 2.4¢

bsky.app/profile/pirj...

Any time we do not personally pay for a service, we are the commodity that is being sold to some else. If you want to see medical care where the patient's welfare IS the dominant concern, go to a animal clinic.

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What world are you silly gits living in.

Excellent reporting.

We sadly live in a country where everything is for sale including the ability to live. This is nothing new in our for profit healthcare system. If only we could have single payer and cut out the insane profits and salaries for insurance and PBMs.

They have advisories, but they won’t go one way or the other because if they officially approve them, then they are responsible for the outcome. But the PROFITS are insane! Steroids are all super cheap $1.24/30d, until used in this $2k way.

Dead millions of patients? No metric or measure in their success? There is no such thing as legal redress? Of course, this would happen in this kind of mess.

Your reporting of health *insurance* spending as health *care* spending is part of the problem and you could fix that.

Break them bastards up

Friends were in horrific auto accident in Italy, spent weeks in hospital, had consultations w their Amer doctors, after discharge wife ate/slept in hospital w husband. NO BILLS!!! We were all flabbergasted w the difference in care & expense. #medicareforall is best we can hope for here.

oh and even more to your point- it really is annoying when anyone uses the term “healthcare” or “heathcare provider” when describing what insurance companies, hospital administration and third parties do.

People pay high deductible copays, then blame the Physician and medical professionals for that charge, the ones who are doing their best to provide quality and compassionate care while working in an overwhelmingly difficult system —while the middle men and administrators keep all the money.

America speaks two languages. Violence and money. Violence is "never the answer" is an individual and interpersonal rule not a societal one.

Americas healthcare system is cooked.

The private equity role in healthcare is nearly as bad as the predatory insurance industry. I am sure that there are counter examples, but prices go up, quality of service goes down, and outcomes worsen when PE comes to town. www.amjmed.com/article/S000...

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Especially birth mothers and infants

Outside a major city in the USA, a referral made in August took until early December, so it’s not even faster than universal healthcare.

healthcare in the united states is absolutely not convenient

A (pretty much celebratory) window on how much PE is invading France's medical system: "further establishing France as a top destination for healthcare investment." www.healthcarebusinessinternational.com/frances-heal...

So what are we going to do about it?

That's a lot of green.

This tells us that these companies are very large. But revenues and profits are not the same thing, so it doesn't tell us much about the actual business of these companies.