News

23787 readers

3923 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago

MODERATORS

351

'Health Over Wealth': New Bill Would Crack Down on Private Equity in US Healthcare. (www.commondreams.org)

submitted 5 months ago by [email protected] to c/news

17 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Viking_Hippie 14 points 5 months ago (1 children)

Five years of cash flow with no asset stripping greatly increases barrier to entry

That's the whole point: it's meant to disincentivise private equity from seeing healthcare as a business like all others that they can destroy for profit.

patient cost will simply rise across the board in response

Not if it's enforced strictly enough that private equity stays away entirely, see above.

Literally no one wants this bill to pass as it is.

I and probably millions of others would. Healthcare is a basic human need and should never be at the mercy of asset stripping profit vultures.

None of the rules are inherently unreasonable. That they're still considered strict enough to be a barrier speaks volumes about the predatory practices of private equity.

[–] SirDerpy -3 points 5 months ago (1 children)

Not if it's enforced strictly enough that private equity stays away entirely, see above.

naivete

[–] Viking_Hippie 9 points 5 months ago (1 children)

Says the guy complaining on behalf of corporate vultures as if they give a shit whether he lives or dies 🙄