Who's minting more doctors?

{{ In a demonstration of how deeply invested private equity was in emergency care, these firms set in motion a system to generate cheap labor, trained to private equity’s productivity maximizing specifications. For-profit health care companies, including private equity-invested ones, founded a glut of residency training programs in the late 2010s. A 2021 study projected the move would lead to an oversupply of more than 7,800 emergency medicine doctors by 2030. According to reporting by Lever, the private equity-funded staffing firm American Physician Partners told investors they expected the surplus to eventually save them an expected $20 million in annual payroll costs. }}

How private equity chewed through America’s emergency rooms | Vox

intercst

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We are all in the same boat.

We need to socialize healthcare.

We need to do this without a congressional payout to private equity.

We need to strip them of the profits and power.

In life you need to earn what you get. Private equity is more aligned with the lame idea of 3/5s of a vote. Meaning human life is not respected. Beyond that private equity is committing manslaughter.

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