#ForProfit

Richard Rathenickrauchen@c.im
2026-02-16

@FluentInFinance

"At a glance

Patient deaths increased in the emergency departments of hospitals acquired by private equity firms compared to similar hospitals, a nationwide study has found.

Researchers linked the increase in mortality to cuts in salary and staffing levels.

The findings amplify concerns about the growth of this for-profit ownership model in health care delivery."

The link...

hms.harvard.edu/news/deaths-ro

#Industrial #ForProfit #Medicine

Shouting into the voidShITVoid
2026-02-16

Guess which percentage of bankruptcies are caused by healthcare in the USA:
40%
52%
66%

David W. Jonesdancingtreefrog
2025-11-13
Protyus A. GendherProtyusAGendher
2025-11-10
FinchHaven sfbaFinchHaven@sfba.social
2025-11-08

@Nonilex

Pushing everyone back onto #ForProfit #Intuit and #TurboTax

As the #Republicans intended

eicker.news ᳇ tech newstechnews@eicker.news
2025-10-29

#OpenAI has completed its #recapitalisation, solidifying its structure as a #nonprofit with a #controllingstake in its #forprofit business. The OpenAI Foundation now holds a 26% stake in the for-profit, with 47% held by current and former employees and investors. Microsoft, a major investor, supports the recapitalisation and now holds a 27% stake in the for-profit. cnbc.com/2025/10/28/open-ai-fo #tech #media #news

2025-09-24

Yet another #CEO saying that, because they and many of those who work for their #forprofit #company have done very well out of the existing #copyright regime, nothing should be allowed to change it, and certainly not #ai:

theguardian.com/commentisfree/

As a rejoinder, here are two reasons why the existing copyright regime is not fit for purpose and should be transformed. They're taken from my forthcoming book Defund Culture, which is being published by a non-profit, scholar-led, #openaccess publisher under a Collective Conditions for Re-Use (CC4r) license:

1) Copyright is a major driver of #inequality in the twenty-first century, playing a pivotal but often overlooked role with regard to understanding the roots of disparities of #wealth in modern societies (Bellos and Montagu).

2) Copyright overwhelmingly serves #corporate interests – those of tech monopolies, #music #labels, #publishers - while restricting access to knowledge, ideas and the cultural #commons

2025-09-23

#ForProfit #Corporations Are Buying Up More #Psychiatric Hospitals. Some Flout #Federal #Law With Scarce Repercussions.

Psychiatric hospitals — increasingly owned by for-profit corporations — are illegally turning away patients during crises. Yet only a handful face penalties, with fines that are trivial, a ProPublica investigation found.

#HealthCare #health #MentalHealth #Trump #FederalGovernment #law
propublica.org/article/psychia

David W. Jonesdancingtreefrog
2025-09-11

My thoughts after decades of working for non-profits:

Something people need to remember about "non-profit". Non-profits still need to pay for their operations, or they have to shutdown. So a non-profit has just as much need to "make money" as a for-profit - and they are allowed to.

Don't begrudge them asking for money, as many people that take advantage of them seem to do.

Steve Dustcircle 🌹dustcircle
2025-06-24

bins: or ?

toledofreepress.com/donation-b
youtu.be/M2B6Ht-fbI4

Cons, confusion and—in one case—connections to a are among the reasons -area say they want a crackdown on that siphon money away from their missions.

Industries of Northwest is leading the charge, concerned that companies are using donation-style bins that most people associate with local charities to mislead well-intentioned people.

Headlines Africaafrica@journa.host
2025-06-18

Aid for hire: For-profit contractors deliver aid in war zones, alarming humanitarian groups newsfeed.facilit8.network/TLQf #HumanitarianAid #WarZones #Gaza #SouthSudan #ForProfit

2025-06-12

Health Insurance Card: “Emergency Visit: $50 Copay” Bill: $1269.60

The fallout of The E.R.’s Embrace.

Yes, the copay was $50, as the insurance card claimed. The tests and “coinsurance” brought it to $1269.60. I was making sure my severe and rapidly worsening nerve pain at 3a wasn’t part of a stroke or other neurological issue that would have ended up costing the insurance company way more. Deny, Defend, Depose.

If you’d like to help me out with it, please buy me a ko-fi. See you at the USA healthcare revolution, fellow body-haver.

https://www.illmarks.com/emergency-copay-50/

#art #bodyHorror #chronicIllness #denyDefendDepose #forProfit #healthInsurance #healthcare #healthinsurance #longCovid #medicalArt #MillionsMissing #privateInsurance #pwLC #pwme #usa #usaHealthcare

Health Insurance Card: "Emergency Visit: $50 Copay" Bill: $1269.60
2025-05-05

#ChatGPT maker #OpenAI will remain under the control of its founding #nonprofit board, after abandoning its plan to split off its commercial ops as a #ForProfit company.

Fmr employees & #ElonMusk, a co-founder of OpenAI who later split w/ its leaders, had criticized the restructuring plan, saying it would remove important oversight of its #ArtificialIntelligence #technology. #Musk filed a lawsuit seeking to block the plan; the suit is still ongoing.

#law #tech #business
washingtonpost.com/technology/

Stefan Diefenbach-Trommer (er)StefanDT@digitalcourage.social
2025-04-30

Seitenwechsler:innen als Chance? Da nun sicher ist, dass die #Koalition aus #CDU #SPD #CSU kommt, ist auch sicher, dass Menschen aus Wirtschaftsunternehmen für die Union Minister:innen werden. Einige befürchten da #Interessenkonflikte. Andere antworten: Aberaberaber wenn sie aus #NGO kämen, wie zuvor #Agora, na?

Dann: Wäre das Problem anders, vielleicht sogar keines. Wirtschaft ist #ForProfit. Ihr Zweck ist finanzieller Gewinn - für sich. NGO=#zivilgesellschaft|liche Organisationen, meist #gemeinnützig, arbeiten #selbstlos. Mit Interessen. Aber zur Förderung der Allgemeinheit, explizit nicht zum wirtschaftlichen Vorteil ihrer Mitglieder, Angestellten oder Finanziers. Und meistens gehören sie in dem Sinne niemandem. Wäre dieser Unterschied common sense, wären wir weiter.

Hacker Newsh4ckernews
2025-04-07
Kevin Karhan :verified:kkarhan@infosec.space
2025-04-06

@isotopp nothing new tbh.

The #USA has a #ForProfit #PrisonIndustry which results in the highest incarceration rate in the world, even if we assume everyone else underreports their numbers by 100%...

2025-03-21

"Charging people in prison to communicate with the outside world has long been good business."

Katya Schwenk for The Lever‬: longreads.com/2025/03/21/the-s

#Longreads #Investigation #Corruption #Incarceration #Prisons #Jails #ForProfit #Business

Headline: The Succession Battle For A Prison Empire 

Dek: Luxury cars, mansions, a superyacht called Convict, and wined-and-dined sheriffs — a legal war is exposing the big business of extracting profits from prisoners.

Tagline: Katya Schwenk for The Lever 

A logo in the bottom right reads “Longreads Editor’s Pick”
2025-03-19

This year, #GEOgroup & Washington are back in court — for a third time — as the company tries to reverse the earlier decision that sided w/the state. #GEO has brought in contract cleaners at the Tacoma facility while the case plays out, keeping detainees there from *paid* work & from having a way to earn commissary money.

#immigration #law #Slavery #forprofit #prison #Trump #HumanRights

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