Weirdest subplot I’m tracking: failing hospital economics. This is something that can only happen in the US because they’re run for profit (or on individual nonprofit basis). Often owned by PE firms. Seems their high-margin “products” are a) elective procedures b) ER visits...
-
-
Caveat: I just learned about all this via reading public news coverage in the last week or so. I’m sure my naive layperson gloss on this is the tip of a very deep iceberg, and that there’s already an invisible war underway for control of the future of the hospital system.
Show this thread -
If I got anything badly wrong please correct me. If you have good deeper links on this, please share. I’m not linking anything I’ve read so far because... they’re not particularly good links/sources.
Show this thread -
Yep. I haven’t dug into this deeply. I suspect it’s not the ER doctors who choose this but facility owners. https://twitter.com/oddcopter/status/1246850161483091968?s=21 … https://twitter.com/oddcopter/status/1246850161483091968 …
This Tweet is unavailable.Show this thread -
Good point, but will be hard to financially engineer since only fed can print the brrr money to do this, and they won’t want to do it on behalf of states esp under Trump who will fight for his PE buddies in the biz like Schwarzman to retain control. https://twitter.com/shawnkumar1000/status/1246850701839314944?s=21 …https://twitter.com/shawnkumar1000/status/1246850701839314944 …
Show this thread -
Cory flagged this yesterday. https://twitter.com/doctorow/status/1246445485860118528?s=21 …https://twitter.com/doctorow/status/1246445485860118528 …
Show this thread -
Looks like at least some part of this is due to profiteeering ER docs https://twitter.com/oddcopter/status/1246853549977415685?s=21 … https://twitter.com/oddcopter/status/1246853549977415685 …
This Tweet is unavailable.Show this thread -
Note that already in CARES act, one of the battles was over coverage of uninsured Covid19 patients *at Medicare rates*. Iirc there was a fight over that for precisely this reason. If the “government put” had been priced the way the owners wanted, the $ would have been way higher
Show this thread -
Twist. Not sure how to verify the actual pattern of cuts. This needs a good investigative journalist digging. https://twitter.com/stucchio/status/1246857095204311040?s=21 … https://twitter.com/stucchio/status/1246857095204311040 …
This Tweet is unavailable.Show this thread
End of conversation
New conversation -
-
-
Nationalize for-profit hospitals and spin them back out as regional charitable trusts after rationalizing their management structures. Keep public ownership of the land they sit on.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.