MedPage Today February 19, 2025
— It’s time to disentangle unjust profiteering from Americans’ health
Dear Secretary Robert F. Kennedy Jr.,
Private equity (PE) is the fastest-growing malignancy of the American healthcare system. In your new position as secretary of HHS, I implore you to protect the health of Americans and put an end to the dangerous practice of leveraged buyouts (LBOs) of healthcare facilities by PE firms.
The purpose of this letter is not to reveal new dangers associated with PE acquisitions in healthcare — ample research already demonstrates the harms of LBOs, which I summarize below in three broad categories for your convenience. Rather, I am writing because PE’s influence in healthcare is spreading at an alarming rate, yet little progress has been...
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