Find more information on the issues deeply affected by private equity investments:
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…
At least five private equity-owned laboratory companies have reached multimillion-dollar settlement payments since 2015 to resolve claims that they allegedly billed federal healthcare programs, including Medicare and Medicaid, for conducting excessive and medically unnecessary drug tests. These settlements combined total…
PESP Healthcare Director Mary Bugbee authored an article in the Fall 2024 edition of the AFT Health Care magazine. In her article, Mary discusses how private equity has looted hospitals in the United States. She details how private equity…
More Perfect Union explored the incursion of private equity and corporate landlords into manufactured housing in a recent video. More Perfect Union, September 18, 2024: “Private Equity’s Ruthless Takeover Of The Last Affordable Housing In…
As a pre-Thanksgiving outbreak of E. coli linked to carrots has left one person dead and dozens more sickened, private equity-owned Grimmway Farms has come under scrutiny. Owned by Zionsville, Indiana-based private equity firm Teays River Investments, Grimmway Farms is…
PESP Statement on Consideration of Apollo Global Management CEO Marc Rowan for Secretary of the Treasury Earlier this week, news broke that Marc Rowan, CEO of private equity firm Apollo Global Management, is a top contender for the…
Quantum Energy Partners-backed Saguaro Energía, a massive gas liquefaction and export terminal project under development in Mexico that includes a cross-border pipeline to transport fracked gas from West Texas to the terminal, is marred with legal setbacks and escalating opposition…
In September 2023, Hurricane Helene tore through the southeast United States, becoming the third deadliest storm in the United States after Hurricanes Katrina and Maria. Communities in and around Asheville, North Carolina, home to the…
Federal regulators have ordered private equity-owned prison telecommunications giant ViaPath (formerly Global Tel Link) to pay $3 million for allegedly freezing and draining accounts for people who are incarcerated. ViaPath, owned…
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,…
Another notch in Sun Capital’s bankruptcy belt A private equity-owned medical group serving disadvantaged populations in Florida filed for bankruptcy on October 13 after struggling under a mountain of debt loaded onto it through a private equity leveraged…
