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Author: sutton 🐝  😊 😞
Number: of 555 
Subject: Re: WSJ: Private Equity not improving health care,
Date: 05/31/2024 11:37 AM
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To quote my own post on another board a few days ago:

"...the last 35-40 years of American medicine. Extracting itself from the business of making sick people better, for one. Financial metrics became the end, not just a necessary concomitant of keeping the doors open so the real mission could successfully be executed - every patient, every day.

I couldn’t exactly shut down the only oncology practice for miles, but when I ran out of plausible ways of stemming the tide, I had my partners find a replacement.
"

There is a compelling (at least to me) argument that the un-exploited asset that's been discovered in the last 15-20 years has been providers' -- particularly physicians' -- professional commitment to getting the job done regardless of what increasing burdens get sloughed off on them

The Cambridge Dictionary: "Extractive: involving taking a resource (= something valuable) or profit from something without trying to replace it or trying to avoid harming that thing"

A *very* worthwhile read for those who are interested:
If I Betray These Words: Moral Injury in Medicine and Why It's So Hard for Clinicians to Put Patients First by Wendy Dean and Simon Talbot https://www.amazon.com/gp/product/1586423541/ref=p...

And a runner-up:
The Hospital: Life, Death, and Dollars in a Small American Town by Brian Alexander https://www.amazon.com/gp/product/1250237351/ref=p...

-sutton
pretty much extracted out
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