Sunday December 4 – Coffee at 8:45 am, Talk at 9:00 am in the Annex
Use 208 E. Buffalo Street door for elevator access
Private equity firms in the healthcare industry have become a troubling menace as they seek to extract outsized profits by buying up healthcare providers. These corporate owners focus on cutting costs, increasing prices, and stripping assets to maximize their short-term profits – all at the expense of patients, providers, and taxpayers. This is a topic that affects every one of us! Come to learn more!
FUSIT member Judy Jones has been a healthcare advocate for many years. In this session, she will show a video of a lecture by Rosemary Batt, a professor at Cornell’s School of Industrial and Labor Relations. Dr. Batt explains how private equity firms work, how they make profits, and how their investments affect the cost and quality of our health care. She will also consider the threat these arrangements pose to the long-term goal of establishing a single-payer health care system. There will be time for discussion and questions about this important topic.