Hacker News new | ask | show | jobs
by synetic 1076 days ago
The lasik surgeon in your example isn’t profiting by denying care. Their profit does not increase by declining service.
1 comments

Is a PE hospital profiting when it denies care too? How is that different from a lasik surgeon denying care?
I didn’t make claims about how PE hospitals make a profit. I just said that no one should profit from denying care. I can think of a situation in which a hospital’s owners want to make sure their return on their investment exceeds x% per year and the hospital administrators deny care based on this consideration (otherwise they might get fired for not generating enough profit). This isn’t the scenario I had in mind when I wrote that no one should profit from denying care. WhenI wrote that I was thinking of insurance companies and wanted to convey a sense that profit driven motives in health care can have bad consequences. Some things ought not be profit driven.