MedPage Today September 1, 2025
Advocates cite hospital system’s $9 billion bankruptcy, air concerns about privatization
Advocates worry that the founder of a private equity firm tied to one of the nation’s largest hospital bankruptcies could affect the U.S. military health system in his new Pentagon role.
As deputy secretary of defense, Steve Feinberg brings no military experience but deep private-equity ties to a position overseeing care for millions of service members and their families.
“It’s concerning, given his position in leadership at DOD right now,” Chris Noble, the policy director for the nonprofit watchdog Private Equity Stakeholder Project, told MedPage Today.
Suzanne Gordon, an author and Veterans Healthcare Policy Institute senior policy analyst, echoed that sentiment, saying she is “extremely concerned.”
Critics point to...
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