HealthExec April 18, 2024
Chad Van Alstin

According to the Private Equity Stakeholder Project, 21% of all healthcare bankruptcies in 2023 involved organizations owned by financial firms.

Last year set a record for bankruptcies in the healthcare sector, and 2024 could see another big wave, according to a report from the nonprofit advocacy group Private Equity Stakeholder Project (PESP).

In a new report, PESP warns that the largest bankruptcies seen in healthcare last year—Envision Healthcare, Air Methods, the Center for Autism and Related Disorders and more—are all owned by private-equity firms.

The number of private equity acquisitions in healthcare has risen dramatically in recent years, and the sector may now be paying the price. As detailed by PESP, in 2019 there were only eight private...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Investments, Mergers & Acquisitions / JV, Provider, Survey / Study, Trends
SoftBank Plans to Commit $9 Billion to AI Projects
Report: Private Equity Sits on $3 Trillion as Dealmaking Slows
Abett Raises $11.6 Million for Health Plan Data Management Platform
Biosensor technology company Allez Health secures $60M
Eli Lilly Pumps $5.3B More Into Site for Making Metabolic Meds Zepbound & Mounjaro

Share This Article