U.S. senators from Massachusetts expressed concern over a private equity firm's $245 million deal to buy Steward Health Care's physicians network—and role of private equity in healthcare more broadly.
How can a health care provider go broke? That suggests that they don’t make enough money to stay solvent and I find that very hard to believe particularly when they are still attractive to a private equity firm? There’s no way such a firm is going to buy any business unless they think they can make substantial money off of it. This really needs to be thoroughly investigated. Also, Private Equity firms all need to be eliminated. Their sole reason to exist is to allow rich mother fuckers to suck more money from the poorer classes.
How can a health care provider go broke? That suggests that they don’t make enough money to stay solvent and I find that very hard to believe particularly when they are still attractive to a private equity firm? There’s no way such a firm is going to buy any business unless they think they can make substantial money off of it. This really needs to be thoroughly investigated. Also, Private Equity firms all need to be eliminated. Their sole reason to exist is to allow rich mother fuckers to suck more money from the poorer classes.