Find more information on the issues deeply affected by private equity investments:
Three years after Massachusetts Attorney General Maura Healey filed a civil fraud case alleging that HIG disregarded an employee’s complaint that behavioral healthcare provider Community Intervention Services (CIS) was using unsupervised, unlicensed therapists to care for patients, private equity firm…
Peggy Malone, RN, has been a nurse for 32 years, all of them at the Crozer-Chester Medical Center in Upland PA. She testified at the October 20, 2021, U.S. Senate Committee on Banking, Housing and Urban Affairs hearing “Protecting…
The Private Equity Stakeholder Project (PESP) has submitted testimony for the U.S. Senate Banking Committee Economic Policy Subcommittee October 20 hearing: “Protecting Companies and Communities from Private Equity Abuse.” PESP’s written testimony for the US Senate Banking…
Private equity firm H.I.G. Capital has agreed to pay $20 million to settle allegations of Medicaid fraud brought by the US Department of Justice (DOJ) and the Massachusetts Attorney General. Attorney General Maura Healy said it was the largest…
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
In a new report, “Private Equity Firms Reap Payouts After Hospital Chain Received $1.6 Billion in CARES Act Support,” Private Equity Stakeholder Project examines LifePoint Health, a leading rural hospital chain owned by private equity firm Apollo Global Management.
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
The American Prospect reported on how private equity is entrenched in the home health and hospice industries, citing figures provided by the Private Equity Stakeholder Project that show two dozen private equity companies employing more than 233,000 workers. Additionally, “the…
How Private Equity Profits from Aggressive Medical Debt Collection In the United States’ for-profit healthcare system, large medical debt is an unfortunate reality for many. Medical debt can have a deleterious effect on a family’s ability to make ends meet,…
Modern Healthcare reported on the Private Equity Stakeholder Project’s latest research findings on private equity in the dental industry. Modern Healthcare, August 5, 2021: Report: Private equity in dental care raises risk of overtreatment The private equity investment model,…
In light of the growing investor interest in health care and the risks associated with private equity ownership of health care companies, the Private Equity Stakeholder Project will be tracking private equity-backed health care acquisitions. Below is a list…
Private Equity Stakeholder Project examines the private equity owners behind many US nursing homes in a new report: “Pulling Back the Veil on Today’s Private Equity Ownership of Nursing Homes.” In the wake of a devastating year for nursing…
