GREY:CVHIF - Post by User
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Luminouson Apr 05, 2017 11:12am
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Post# 26079426
RE:Obamacare
RE:Obamacare
Trumpcare, Obamacare: Private Equity Rehab Bulls Don't Care
https://www.bloombergquint.com/markets/2017/03/30/private-equity-rehab-romance-rages-amid-health-law-turmoil
"If Congress killed Obamacare outright, “I don’t think they would have dropped insurance coverage for this,” Andersen said. “It’s an epidemic, and we’re not just going to ignore that. Uncertainty always gives us pause, but the reality is that there has been a tectonic shift in how we view mental health and addiction.”
"The swelling numbers of people with insurance and the law’s insistence that mental health and drug abuse be covered by it spurred a surge in acquisitions. Private equity firms -- including Goldman Sachs’s merchant banking division and Clearview -- sank billions of dollars into acquiring rehab businesses."