In 2017, Cerberus Capital Management, a private equity firm, acquired Easton Hospital, a facility located in Pennsylvania’s Lehigh Valley, north of Philadelphia.
"To keep the hospital operating through June, the state will have to pay Cerberus $24 million.
Where is the money coming from? Taxpayers."
Unfortunately taxpayers have no share of the profits, which is what these organisations are ultimately about. What more information do we need to convince the nation we need a national health service?
I have to wonder how much money is enough to satisfy a wealthy individual? How many houses are enough? How many cars? How many stocks and bonds? How can some of these greedy people look at themselves in the mirror & be proud of who they are? The love of money is the root of all evil.
Does this mean that there are a lot of mentally ill folks, looking for a way to make a bit more money at the expense of their fellow human beings & to the detriment of the planet? Because I see a lot of greedy people around.
This goes to a point I have frequently made--the richest among us got government "assistance", both during the financial crisis of 2008-2009 and then again now. This time, those at the bottom of the financial ladder got SOME (not nearly enough) assistance as well. The big chunk of us in the middle got absolutely nothing, then and now.
My spouse worked there. They now have a few COVID-19 patients and the working staff are not adequately prepared or protected. It's a quintessential example of corporate/equity firm greed run amuck.
Fauci is respected by almost everyone (except for OAN and a few of the more nutty Fox News talking heads). If he is fired, I hope that there will be a huge public outcry.
Thank you, Judd, for another extremely painful report on the egregious pirates and vandals who are wrecking our world. We MUST understand how free market fundamentalists have overtaken the public sphere; they are jihadists in suits. Ow. I need to lie down.
We got a big surprise bill for over $1000 from Altheon when my wife was sent to the Virginia Hospital Center ER. This was in addition to the hospital charges. I looked up the CPT code and found the usual charge to be closer to $100! Thanks to Popular Information I now know why. Virginia Hospital Center should be embarrassed dealing with these carpetbaggers!
I’m so goddamned angry about this I couldn’t even finish it.
"To keep the hospital operating through June, the state will have to pay Cerberus $24 million.
Where is the money coming from? Taxpayers."
Unfortunately taxpayers have no share of the profits, which is what these organisations are ultimately about. What more information do we need to convince the nation we need a national health service?
I have to wonder how much money is enough to satisfy a wealthy individual? How many houses are enough? How many cars? How many stocks and bonds? How can some of these greedy people look at themselves in the mirror & be proud of who they are? The love of money is the root of all evil.
The answer is there is never enough. There is no logic to it. As their wealth grows, so do their "needs."
Republicanism is a mental illness. Never forget: Greed & Republicanism go hand in hand.
Does this mean that there are a lot of mentally ill folks, looking for a way to make a bit more money at the expense of their fellow human beings & to the detriment of the planet? Because I see a lot of greedy people around.
This goes to a point I have frequently made--the richest among us got government "assistance", both during the financial crisis of 2008-2009 and then again now. This time, those at the bottom of the financial ladder got SOME (not nearly enough) assistance as well. The big chunk of us in the middle got absolutely nothing, then and now.
This country sucks right now.
My spouse worked there. They now have a few COVID-19 patients and the working staff are not adequately prepared or protected. It's a quintessential example of corporate/equity firm greed run amuck.
Aw. The 1%. How I love to hate them. Equity firms are leeches worse than robbers because they work within legal parameters.
In a lighter note. We will all be kilt-off if Trump fires Fauci. He is likely to replace him with one of his FLA golf toadies.
Fauci is respected by almost everyone (except for OAN and a few of the more nutty Fox News talking heads). If he is fired, I hope that there will be a huge public outcry.
Nice how, in response to people dying, private equity firm CEOs will give the equivalent of a coupon to municipalities for rent. 🙄
Thank you, Judd, for another extremely painful report on the egregious pirates and vandals who are wrecking our world. We MUST understand how free market fundamentalists have overtaken the public sphere; they are jihadists in suits. Ow. I need to lie down.
We got a big surprise bill for over $1000 from Altheon when my wife was sent to the Virginia Hospital Center ER. This was in addition to the hospital charges. I looked up the CPT code and found the usual charge to be closer to $100! Thanks to Popular Information I now know why. Virginia Hospital Center should be embarrassed dealing with these carpetbaggers!
Judd your reporting should be featured in prominent newspapers across the country. How can we make this happen?
Reading about these greedy mfers makes me sick.