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Private equity snaps up disability services, challenging regulators

(www.governing.com)
182 points tencentshill | 3 comments | 29 Aug 25 13:37 UTC | HN request time: 0.773s | source
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slantedview ◴[29 Aug 25 16:20 UTC] No.45066075[source]▶
Profiting off of care provided to vulnerable or disabled people is, I'm going to say it, immoral. We should not be allowing this - for the simple fact that chasing profit inevitably means cutting the quality of care.
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1. nickff ◴[29 Aug 25 17:13 UTC] No.45066763[source]▶
PE is profiting off regulatory barriers to entry in situations like this; it has little to do with who the clients are. The way to solve this is to lower regulatory barriers to entry, which will make these industries more competitive and less appealing to PE.
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2. lawlessone ◴[29 Aug 25 18:18 UTC] No.45067603[source]▶
>he way to solve this is to lower regulatory barriers to entry,

Lower healthcare standards is what you mean.

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3. nickff ◴[29 Aug 25 18:27 UTC] No.45067705[source]▶
I think the level of care is only one factor, and often not the one that prevents new entrants. I work at a small electronics manufacturer, and can tell you that in my industry, the biggest regulatory obstacles have nothing to do with our quality levels or production processes. In any case, according to a number of the commenters on this article, the PE providers have already lowered their level of care.