Find more information on the issues deeply affected by private equity investments:
A Business Insider story profiled multiple hospitals that have closed in recent years. The hospitals in question, all struggling financially, had three key things in common. Firstly, they served economically disadvantaged communities with limited healthcare access. Secondly, these hospitals…
In 2023, a surge in bankruptcies hit the healthcare sector, sending shockwaves through critical services across the nation. Today, the Private Equity Stakeholder Project (PESP) reveals alarming data in its latest report, “Private Equity Healthcare Bankruptcies…
Key Points 2023 saw a wave of bankruptcies at private equity-owned companies. At least 17 (21%) of the 80 healthcare companies that filed for bankruptcy in 2023 were owned by private equity firms. Another wave of PE-driven healthcare bankruptcies is…
Today, the Private Equity Stakeholder Project (PESP), a nonprofit watchdog of the private equity industry and Wall Street, launches the Private Equity State Risk Index, a groundbreaking tool aimed at assessing the impacts of private equity (PE)…
Key Points 2023 saw a wave of bankruptcies at private equity-owned companies. At least 17 (21%) of the 80 healthcare companies that filed for bankruptcy in 2023 were owned by private equity firms. Another wave of PE-driven healthcare bankruptcies is…
“When Health Care Becomes Wealth Care: How Corporate Greed Puts Patient Care and Health Workers at Risk” PESP healthcare director Eileen O’Grady testified this month at a field subcommittee hearing of the U.S. Senate Health, Education, Labor and Pensions…
Each month, PESP’s Healthcare Team will be putting together a roundup that shares the latest news stories related to private equity in healthcare and highlights the work that our team has published in the last month. In the news …
Private equity-backed prison healthcare contractor YesCare (formerly Corizon Health) is trying to complete a process which would allow the company to shed millions of dollars in legal and financial liabilities. If allowed to succeed, YesCare will be an example for…
In light of continued investor interest in healthcare and the risks associated with private equity ownership of healthcare companies, the Private Equity Stakeholder Project is tracking private equity-backed healthcare acquisitions. Below is a list of private equity healthcare buyouts,…
A new report, released this year by PESP, examines the role of private equity in the growing multibillion-dollar Medicare Advantage industry. With a rapidly aging population in the US, and therefore growing market for Medicare Advantage products, the MA sector…
The Private Equity Stakeholder Project released a report providing an in-depth analysis of private equity dealmaking in the healthcare sector throughout 2023. Titled “Private Equity in U.S. Healthcare: Trends in 2023 Deal Activity”…
The Private Equity Stakeholder Project (PESP) has released its latest report, providing an in-depth analysis of private equity dealmaking in the healthcare sector throughout 2023. Titled “Private Equity in U.S. Healthcare: Trends in 2023 Deal…
