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this post was submitted on 12 Sep 2024
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buying a hospital (system I guess?) in order to sell off all the equipment and property and rent it back until they're bankrupt is just so cartoonishly evil, wtf
That's how a lot of venture capital places operate when they buy anything. I'm pretty sure that's what red lobster is doing. It happened to an MSP I used to work at (about two thirds of our clients were hospitals or clinics, for whatever that's worth). Doing it with a hospital system is just extra especially vile rather than the normal amount of vile.