Heard of the "surprise billing epidemic"? That's where you go to a hospital that's covered by your insurer, only to discover - after the fact - that the #EmergencyRoom is operated by a separate, PE-backed company that charges you thousands for junk fees. KKR and #Blackstone invented this scam, then funneled millions into fighting the #NoSurprisesAct, which more-or-less killed it:
https://pluralistic.net/2020/04/21/all-in-it-together/#doctor-patient-unity
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KKR took one of the nation's largest healthcare providers, #Envision, hostage to surprise billing, making it dependent on these fraudulent payments. When Congress finally acted to end this scam, KKR was able to take to the nation's editorial pages and damn Congress for recklessly endangering all the patients who relied on it:
https://pluralistic.net/2022/03/14/unhealthy-finances/#steins-law
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Like any smart vampire, KKR doesn't drain its victim in one go. They find all kinds of ways to stretch out the blood supply. During the pandemic, KKR was front of the line to get massive bailouts for its health-care holdings, even as it fired health-care workers, increasing the workload and decreasing the pay of the survivors of its indiscriminate cuts:
https://pluralistic.net/2020/04/11/socialized-losses/#socialized-losses
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