Vulture capitalism. They don’t need to make it profitable long term, they just need to gut everything to squeeze as much profit out as they can short term. Raise prices, lower standards, cut staff, run the company into the ground and then repeat with the next one.
This article is laying the blame on the landlord (who may very well be part of the problem), but the hospital was totally mismanaged by a group of scumbags.
Vulture capitalism. They don’t need to make it profitable long term, they just need to gut everything to squeeze as much profit out as they can short term. Raise prices, lower standards, cut staff, run the company into the ground and then repeat with the next one.
This article is laying the blame on the landlord (who may very well be part of the problem), but the hospital was totally mismanaged by a group of scumbags.
https://www.pbs.org/newshour/show/investigation-reveals-how-investors-made-millions-as-steward-health-care-system-collapsed