The Hospital as Hedge Fund: When Medicine Starts Speaking in EBITDA - BRB$ - S2 E32:

Modern healthcare systems have evolved into financial entities that operate like hedge funds, using endowments, investment returns, and financial engineering to offset losses from reimbursement shortfalls, while prioritizing profitability over patient care; this model has led to wage reductions, increased mortality rates in private equity-owned facilities, and the closure of essential service lines like labor and delivery units, fundamentally transforming healthcare from a mission-driven industry into one driven by financial returns.