Reply to Is the US health system collapsing?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Private equity is a massive and scary problem that is not getting enough attention[/quote]

This! Why is this allowed? Private equity companies are focusing on short-term profits over the long-term health of patients.

The worst is the majority of nursing homes have been taken over by for profit firms. [/quote]

Yep, this. There is a huge conflict of interest in health care being for profit. I’m an American physician and have done temporary jobs in two countries with very well functioning public health systems (New Zealand and Israel) - until I did that, I don’t think I understood how disgusting it is that such a massive chunk of health care spending goes to corporate profit along with the many thousands of middlemen involved in billing, collections, etc. It is directly being taken away from patient care and out of the pockets of the sick. It’s clear why we spend so much more on health care than other countries with often-worse outcomes. If Medicare had extended to all from the start as had been originally considered, it wouldn’t have stifled innovation - Israel is full of high quality health care research and startups despite their socialized system. But because of our country’s bizarrely permissive lobbying rules, it will never happen.[/quote]

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