• Wilco@lemm.ee
    link
    fedilink
    English
    arrow-up
    20
    ·
    1 day ago

    Get private equity out of hospitals and forbid them land ownership.

    The current private equity hospital grift:

    1. Buy a non profit hospital and ruthlessly expand it, putting all other competition out of business.
    2. Become the hospital’s own 3rd party billing center (same name)
    3. Become the hospitals own 3rd party collection service, a law firm.
    4. Collect millions per year from the government to pay off unpaid hospital bills.
    5. Collect those bills with the third party collections by any means, garnishment, denials of service. 6. 6. Get the local courts dependent upon the court fees involved.
    6. Collect legal fees on top of the actual medical bills, thus “triple dipping” and getting paid three times … all for services that were mostly paid for by insurance already.