alt Hacker NewsWho do you mean by "we", here?
The only possible entities who could buy a company are either a bigger company, or private equity.
That the leavings of a PE business are unattractive to either of them is not a surprise.
That has nothing to do with what society at large (a better definition of "we") actually wants or needs.
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They could be owned by Physicians or by the Local Government. But the US has practically banned the first one
https://www.cms.gov/medicare/regulations-guidance/physician-...
> Who do you mean by "we", here?
Voters, broadly and monolithically.
> only possible entities who could buy a company are either a bigger company, or private equity
Communities. Forcing PE to divest from healthcare would require setting up a lending facility communities can borrow from to buy back their healthcare infrastructure. (Or have the government just buy it outright.)
I guess you could make it work as a window-dressing bill. Force PE to divest. Leave unsaid that you’re letting billionaires and family offices buy it up to continue the same shit. But actually solving the problem means ponying up cash to buy this stuff back. Even if it’s out of bankruptcy. (I’m not even touching the politics of paying PE and its lenders with public money.)
> The only possible entities who could buy a company are either a bigger company, or private equity.
The American mind virus at work.
My (non-US) state government literally purchased a private hospital late last year. Now it’s public.
Keep telling yourself that corporations are going to save you. Maybe it’ll happen eventually.