Find more information on the issues deeply affected by private equity investments:
This March, PESP healthcare director Eileen O’Grady presented at the annual Association of Health Care Journalists (AHCJ) conference in St. Louis. More than 550 people joined together for the Health Journalism…
Overview A recent sale of 10 nursing homes provides an example of how complicated private equity healthcare acquisitions can be, and the ways in which state officials can oversee and regulate private equity acquisitions—both at the time of sale, and…
In light of the growing 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…
In recent years, private equity-owned physician staffing companies Envision Healthcare (KKR) and TeamHealth (Blackstone) have attracted public scrutiny for the profits they generated from surprise medical bills. Surprise medical bills arise when patients go to a seemingly in-network provider for…
In a January 2023 report, “Private Equity Descends on Rural Healthcare,” Private Equity Stakeholder Project released previously unreported data on private equity ownership of rural hospitals. PESP counted at least 130 rural hospitals that are currently owned by private…
Private equity healthcare investments in 2022 were the second highest on record A new report released by the Private Equity Stakeholder Project provides an analysis of private equity (PE) deal activity in the US healthcare sector during 2022.
Investment firm Cedar Health Group has acquired the former Nix Behavioral Health Hospital in San Antonio, which has sat vacant for three years after being shut down by its parent company Prospect Medical Holdings.[1] Prospect is a safety…
In the first month of 2023, two major private equity-owned behavioral health chains have announced closures and layoffs. Private equity-backed Delphi Behavioral Health Group disclosed in January, in compliance with the Worker Adjustment and Retraining Notification (WARN) Act, that it…
Private equity firm H.I.G. Capital is the owner of healthcare provider Wellpath, which provides services in jails and prisons. Wellpath has recently seen its credit rating downgraded, faced an executive bribery scandal, and has continued to draw attention for conditions…
Private Equity Descends on Rural Healthcare Sweeping new report provides unprecedented look at private equity investment in rural healthcare A new report by the Private Equity Stakeholder Project (PESP), “Private Equity Descends on Rural Healthcare,” provides an unprecedented look…
Sterigenics Agrees to Pay $408 Million to Settle Hundreds of Claims of Cancer-Causing Emissions Private-equity-owned medical sterilization company Sterigenics has agreed to pay $408 million to settle hundreds of cases alleging that its ethylene oxide emissions caused cancer and…
No Surprises Here Private equity-backed companies are among the top initiating parties in the No Surprises Act Independent Dispute Resolution process In December 2022, the Centers for Medicare and Medicaid Services published a report containing initial data (covering…
