Find more information on the issues deeply affected by private equity investments:
Following a Buzzfeed investigation of abuse and neglect of people with disabilities in KKR’s BrightSpring Health Services, Sens. Elizabeth Warren, Ron Wyden, Bernie Sanders, and Patty Murray sent a five-page letter asking KKR to disclose any facilities that…
PESP Healthcare Research and Campaign Manager Eileen O’Grady participated in a workshop hosted by National Juvenile Justice Network (NJJN) and the National Disability Rights Network (NDRN) to discuss the recent explosion of private equity investment in behavioral health.
Reporting on a Pennsylvania four-hospital system’s risk of collapse, WHYY noted that asking that he “decline to approve Prospect Medical Holdings’ proposed change of ownership until Leonard Green & Partners returns the fees and dividends it collected from Prospect.” WHYY…
Kaiser Health News (KHN) reported how from 2010 to 2019, there was a large increase in private equity companies buying up nursing homes, along with other investments in healthcare – anywhere from 5% to 11% of nursing homes nationwide.
Demand for mental health services is rising as more people deal with pandemic-related challenges, “making the sector ripe for investment.” The Wall Street Journal (WSJ) reported that “Venture capitalists and private-equity firms are pouring billions of dollars into mental-health…
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 will be tracking private equity-backed healthcare acquisitions. Below is a list of private equity…
Kaiser Health News investigated reasons why there is such a shortage of beds available for South Carolina’s children in need of mental health support. A key reason was driven by the profit motive of private equity firms that own the…
Crain’s explored how a “big Chicago-area doctor’s group and its private-equity backers are squaring off with a downstate hospital in a fight with potentially big implications for Illinois’ health care industry.” Crain’s Chicago Business, April 11, 2022: Hospital brawl…
Stat reported how it is essential to closely monitor potential fraud by private equity firms that are “further encroach[ing] upon the health care industry” so that “patients’ best interests are protected and prioritized.” Stat, March 24, 2022: Private equity,…
McKnights Home Care and Common Dreams reported on the Private Equity Stakeholder Project’s latest report, “Private Equity at Home: Wall Street’s Incursion into the Home Healthcare and Hospice Industries.” The report reveals how for-profit home health and hospice agencies…
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 will be tracking private equity-backed healthcare acquisitions. Below is a list of private equity…
On March 1, 2022, President Joe Biden gave his first State of the Union address. Included in this speech was a long section focused on private equity’s impact on patient care in nursing homes. “As Wall Street firms take over…
