Find more information on the issues deeply affected by private equity investments:
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…
Last week Rhode Island Attorney General Peter Neronha approved the sale of Prospect Medical Holdings, a safety net hospital chain majority-owned by private equity firm Leonard Green & Partners, after a year-long investigation into the company’s finances. As a condition…
“The Healthcare Divide,” a new documentary by FRONTLINE and NPR, shines a light on the disparities faced by patients in safety net hospitals, highlighting hospital chain Prospect Medical Holdings and its private equity owner Leonard Green & Partners.
Safety net hospital chain Prospect Medical Holdings has threatened to close its two Rhode Island hospitals in response to conditions imposed by Rhode Island Attorney General Peter Neronha intended to keep the hospitals open. Providence Journal, April 29, 2021: “…
An independent analysis of financial disclosures by the embattled safety net hospital chain Prospect Medical Holdings reveals that the chain is in a precarious financial position. Prospect Medical Holdings has been majority-owned by private equity firm Leonard Green &…
At its meeting last month, the New Mexico State Investment Council discussed the regulatory and headline risk associated with private equity firm Leonard Green & Partners’ actions at safety net hospital chain Prospect Medical Holdings. NM SIC is a…
According to financial industry publication Buyouts, private equity firm Leonard Green & Partners is reportedly trying to move assets from its Green Equity Investors V (GEI V) Fund, which began investing in 2007, into a continuation…
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 Rhode Island Attorney General and Department of Health, which are reviewing Leonard Green’s application to exit its majority stake in the embattled hospital system, in late October extended their review process for a change in…
Workers and community members in Waterbury, Connecticut are speaking out about ongoing problems at Prospect Medical Holdings’ Waterbury Hospital. Prospect is a safety net hospital chain owned by private equity firm Leonard Green & Partners. Leonard Green and other owners…
ProPublica recently published a lengthy investigation into Leonard Green & Partners’ ownership of safety net hospital chain Prospect Medical Holdings: “Investors Extracted $400 Million From a Hospital Chain That Sometimes Couldn’t Pay for Medical Supplies or Gas for Ambulances.”…
Private equity firm Leonard Green & Partners owns safety net hospital chain Prospect Medical Holdings. In response to the increasing scrutiny of Leonard Green’s actions at the hospital company, including of Leonard Green and other owners…
