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Private equity snaps up disability services, challenging regulators

(www.governing.com)
182 points tencentshill | 1 comments | 29 Aug 25 13:37 UTC | HN request time: 0.215s | source
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stuaxo ◴[29 Aug 25 15:09 UTC] No.45065148[source]▶
Private equity is in need of some severe regulation, how many of the ills of society go back to this sort of thing ?
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JumpCrisscross ◴[29 Aug 25 15:30 UTC] No.45065415[source]▶
The fact that it’s private equity is mostly a red herring.

The problem is the rules can be broken with minimal consequence. Swap out PE for another profit-seeking structure and you’ll tend towards the same outcome, as the bad outcompetes the good.

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1. tracker1 ◴[29 Aug 25 16:14 UTC] No.45065991[source]▶
I'm inclined to agree... I think the issue is that there are some areas where liabilities and a severe lack of consequences should not be the same as others.

In a similar vein, even as a libertarian minded person, I don't like the idea of private prisons at all, I don't feel a company should be incentivized towards keeping people locked up and suspended of their rights. Not that I don't believe in prisons, only that they shouldn't be businesses.

I think with medical facilities, that there should be far less protections from liability, and more severe repercussions from any coverup, non-reporting or mis-reporting of harm/accident/injury. Not to mention more, regular inspections and audits, along with camera/recording requirements.