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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: 0.34s | source
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JumpCrisscross ◴[29 Aug 25 15:27 UTC] No.45065373[source]▶
Healthcare, especially the patient-facing part, isn’t like other services.

If we want private ownership of this infrastructure it has to look more like either a utility, where the state has a direct say in service changes and pricing, or a partnership, where unlimited liability flows through to the owners. I’m a fan of the latter.

Limited liability was an amazing invention. But it’s not appropriate for healthcare. Turn these services into partnerships and you’ll see the give-a-shit factor quintuple overnight. (You’ll also probably see a reduction in leverage.)

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SoftTalker ◴[29 Aug 25 16:01 UTC] No.45065822[source]▶
That would have to come with some liability reform however. Injury lawyers are another cancer on society along with many practices of Private Equity.

When you take care of sick or disabled people, bad outcomes, even death, can come along with that. Nobody in their right mind is going to form a health care partnership with unlimited personal exposure to liability unless that is strictly limited to actual losses in cases of proven negligence.

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alistairSH ◴[29 Aug 25 16:17 UTC] No.45066033[source]▶
About half the states already have caps on damages. [1]

1 - https://www.millerandzois.com/medical-malpractice/maryland-m...

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1. phil21 ◴[29 Aug 25 21:44 UTC] No.45069752[source]▶
Caps aren’t super interesting overall. It’s the low bar it takes to sue and how expensive it is to litigate bullshit to marginal cases vs. settlements.