In a recent episode of Steve Bannon’s War Room: Pandemic, the connection between banks and healthcare was discussed in detail. The panel consisted of Bannon, Dr. Peter Navarro, and commercial banker and finance expert, Bill Zielke.
According to Zielke, the healthcare industry is heavily reliant on banks for funding. Banks provide loans to hospitals, doctors’ offices, and other healthcare facilities to purchase equipment, finance new projects, and hire more staff. In fact, healthcare is one of the biggest industries that banks lend to.
However, banks are not just passive lenders. They also play a significant role in health policy and decision-making. Zielke noted that banks often require companies they lend to adhere to certain regulations and standards, which can influence the types of treatments and procedures offered by healthcare providers.
Additionally, banks have a significant influence on insurance providers. Insurance companies often work with banks to manage risk and invest heavily in the stock market, which can impact the level of coverage and premiums for patients.
Bannon and Navarro also touched on the role banks have played in the current COVID-19 pandemic. Navarro argued that the government should work closely with banks to provide funding for healthcare facilities and companies working on treatments and vaccines for the virus. Bannon added that banks should be held accountable for their role in the global economic fallout caused by the virus.
Overall, the connection between banks and healthcare is much deeper than what meets the eye. Their relationship spans beyond just financial transactions and can have a significant impact on the health and well-being of society as a whole. As the world continues to grapple with the effects of the COVID-19 pandemic, it will be interesting to see how the relationship between banks and healthcare evolves.