New California laws regulate private equity in healthcare
California has enacted two laws to curb investor influence in health care. Governor Gavin Newsom signed SB 351 and AB 1415 in October, reinforcing clinical independence and expanding…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Three directors resign from private equity-owned Sevita Health in response to FTC enforcement efforts
On September 15, 2025, the Federal Trade Commission (FTC) announced that three directors from Sevita Health’s Board of Directors had resigned in response to an enforcement action on interlocking directorates. An interlocking directorate is when a member…
Private Equity Health Care Acquisitions – August 2025
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,…
PESP’s PACE Tracker featured in McKnight’s Home Care
McKnight’s Home Care covered the Private Equity Stakeholder Project’s latest findings on the rapid expansion of private equity into the Program of All-Inclusive Care for the Elderly (PACE), a Medicaid- and Medicare-funded…
PESP Statement on Governor Newsom Signing SB 351 into Law
SACRAMENTO, CA — The Private Equity Stakeholder Project (PESP) today issued the following statement from Michael Fenne, senior policy coordinator, after California Governor Gavin Newsom signed Senate Bill 351 into law: “SB 351 takes…
Private equity’s quiet roll-up of surgery centers
New PESP research brief warns Wall Street consolidation may drive up costs and raise antitrust concerns The Private Equity Stakeholder Project (PESP) today released a new research brief, Private Equity in Ambulatory Surgical Centers…
PESP contributes expertise to Congressional roundtable on PE impacts on veteran healthcare
Washington, D.C. | September 9, 2025 The Private Equity Stakeholder Project (PESP) joined lawmakers and policy experts on Capitol Hill for a roundtable hosted by the House Committee on Veterans’ Affairs Democrats…
Private Equity in Ambulatory Surgical Centers
Private equity firms are reshaping outpatient surgical care through consolidation, leveraged buyouts, and joint ventures with major health systems. This PESP report examines how those strategies impact costs, transparency, and competition across the fast-growing ambulatory surgery sector.
Private Equity in Healthcare – PESP’s September 2025 Roundup
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…
New tracker finds rapid private equity expansion in elder care
PACE in Peril? New tracker finds rapid private equity expansion in elder care PESP analysis shows 12,000 seniors enrolled in investor-owned PACE programs as federal cuts threaten elder care Recent federal cuts to…
PESP PACE Investment Tracker
Table of Contents Introduction Private Equity Risks Methodology PACE Tracker Case Study: InnovAge Private Equity, Opportunity Zones, and PACE Conclusion Introduction PACE – the Program of All-Inclusive Care for the Elderly – provides…
PESP in the News – August 2025
PESP’s work and research into the private equity industry generates significant media coverage in numerous outlets. Scroll down to see where our expertise was featured in August 2025. Featured coverage Stateside: Tuesday, August 12, 2025…
