[thread] Medical Industrial Complex

https://en.wikipedia.org/wiki/Medical%E2%80%93industrial_complex
* network of interactions betw. pharmaceutical corporations, health care personnel, medical conglomerates to supply health care-related products/services for profit

See also: Poverty industrial complex
https://mastodon.social/@persagen/111025108282701968

Private Equity Takeover of Hospice Care
https://www.thenation.com/article/politics/healthcare-medicare-illness-privatization

https://persagen.com >> search: "Medical Industrial Complex"

#neoliberalism #MedicalIndustrialComplex #healthcare #HospiceCare #PrivateEquity

Medical–industrial complex - Wikipedia

Addendae 1

Private Equity Firm Might Be Your Next Landlord
https://www.nytimes.com/2023/08/15/nyregion/private-equity-apartments-nyc.html

* NYC investors buying up 100s of smaller buildings, prompting concerns over NYC’s deepening housing crisis
* private equity firms quietly spent $100s millions buying apartments
* focus on assets -businesses; housing - they can buy cheaply but have big profits

#capitalism #neoliberalism #inflation #PrivateEquity #DerfundBillionaires #HumanRights #AffordableHousing #RentalUnits #greed #avarice #profiteering

A Private Equity Firm Might Be Your Next Landlord

Investment firms are buying smaller buildings in the boroughs from families and smaller landlords. Some tenants are wary.

The New York Times

Addendae 2

Medical Debt Collection Is Vicious Multibillion-Dollar U.S. Industry
https://jacobin.com/2023/09/medical-debt-collection-hospitals-private-insurance-your-money-or-your-life

* ballooned in recent decades
* hospitals, collection agencies making a killing
* erodes trust in health care system
* countless patients financially ruined

#MedicalIndustrialComplex #corporations #DefundCorportations #DefundBillionaires #capitalism #neoliberalism #inflation #PrivateEquity #HumanRights #greed #avarice #profiteering #poverty #debt #PublicHealth #socialism

Medical Debt Collection Is a Vicious Multibillion-Dollar Industry in the US

Medical debt has ballooned in the US in recent decades. Hospitals and collection agencies are making a killing on it, eroding trust in the health care system and leading countless patients into financial ruin in the process.

@persagen

Another addition to GDP!

More proof that American healthcare is the best!

/sarcasm

@persagen

@persagen When interest rates are high, cash really is king. Such a great opportunity to hoard properties and squeeze as much rent from them as possible! The best part is governments not only aren't equipped to stop it, but don't even seem motivated to try.
#rentiersociety #feudalism
@marionsd I live in a USDA complex, we got notice last year that they were asking for a rental increase through HUD to cover increased maintenance costs. Then they stopped mowing the lawn or picking up garbage. Some little kids here were playing with a prescription bottle and a nip bottle that have been sitting outside for weeks, someone’s bathroom garbage opened up behind the dumpster and it’s been sitting there for weeks. Pretty much as soon as they got authorization to increase the rent to cover the increased maintenance cost they stopped doing any maintenance unless you call five times and flip out.
@marionsd it’s disgusting but they know none of us can move if we have section 8 because for this area I would have to find a one bedroom that’s $1270 a month or less with everything included, and I’m not sure that exists. I would end up in another section a complex where they do the same ghetto stuff. I’m trying to hold out until I am elderly so I can move to an elderly complex so at least there won’t be unsupervised children playing with drugs and alcohol in the parking lot.
@persagen
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” ~ Adam Smith
https://www.youtube.com/watch?v=Y-i7cawhw8s
Cracked illustrates why the housing market is so unaffordable
https://youtube.com/watch?v=gqFPhsO-2W0
thejuicemedia discusses the situation of Rent and Housing in Australia
Why You'll Never Buy A House | Honest Ads

YouTube