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Author Topic: This shouldn't happen in a great 1st world country like Murica but deep rooted  (Read 43 times)

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Offline theking

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...greed and/or selfishness are hard to overcome:

Quote
Why America's Hospitals Are On Life Support

Inside the financial scheme that's crippling America's healthcare providers.
1 day ago
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5.2k reads
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The Lede
In community after community, the hospitals keep closing. In addition to their financial struggles, all of the hospitals shared three things in common: they all served low-income communities, they were all owned at various points by for-profit investors, and all the owners had sold the land beneath the facilities to a little-known real-estate investor called Medical Properties Trust.

Key Details
MPT, which has purchased some $16 billion of hospital real estate over the past two decades, now bills itself as one of the world's largest owners of hospital beds.
MPT's hospital investments represent a breathtaking scheme that has decimated healthcare in communities across America.
At least 13 hospitals have closed or gone bankrupt after their land was sold to MPT. And the damage is far from over.




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