I recently wrote in @statnews about how for-profit psychiatric hospital chains—esp the two biggest ones, Acadia Healthcare & UHS—are stealthily opening dozens of new hospitals under nonprofits’ names. Here's the back story: 🧵 1/10shorturl.at/jvpzc When any publicly-traded company talks to investors, it’s a lot different from how they talk to the public. #Hospitals are no exception. Remember when UHS’ CFO divulged that his company simply admits patients “whose insurance will pay us more”? 2/10shorturl.at/IrN3A

I spent the past several months talking to more than three dozen parents and clinicians about how private equity investments have changed a popular form of autism therapy for @statnews. What I learned was striking. 1/10 More than 60 private equity firms, including giants like Blackstone & KKR, back a form of autism therapy called applied behavior analysis, or ABA. Investments reached a fever pitch in the latter half of the 2010s when more states mandated coverage. bit.ly/3QMyW5i 2/10

We need to talk about why Sidibe v. Sutter, the federal antitrust case whose trial started this week, is important, worth your attention & bigger than @SutterHealth. 1/10 It was filed by businesses who bought health insurance for employees. They're suing the $13B health system arguing it has used monopoly power to drive up their costs--both care for members & premiums/copays--by at least $411M over the yrs. Background: bit.ly/3HJT4Rr 2/10