Chief Healthcare Executive January 13, 2025
Lawmakers say private equity firms are focusing on profits, hurting hospital operations and patient care. A new study links private equity ownership of hospitals to declines in care.
While bipartisan agreement is increasingly rare in Washington, Republicans and Democrats have shared similar concerns about private equity ownership of hospitals and health systems.
The Senate Budget Committee issued a scathing 171-page report last week concluding that private equity investments in hospitals pay off for investors, but patients aren’t faring well. The report’s title sums up the sentiment and conclusions: “Profits over patients.”
The report points to private equity control focusing more on maximizing their profits at the expense of hospital operations and patient care. The report points to two large private...