Find more information on the issues deeply affected by private equity investments:
New research released by Harvard Medical School highlights concerns about the quality of care in hospitals acquired by private equity firms. The study, published in the Journal of the American Medical Association, reveals a 25% increase in “hospital-acquired adverse…
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 is tracking private equity-backed healthcare acquisitions. Below is a list of private equity healthcare…
New Report Details Harm Caused to Healthcare Industry by Apollo Global Management Findings add to Senate Investigation of Lifepoint Health’s PE owner The comprehensive study, “Apollo’s Stranglehold on Hospitals Harms Patients and Healthcare Workers,”…
Findings add to Senate investigation of Lifepoint Health’s PE owner A new report from the Private Equity Stakeholder Project (PESP) reveals how private equity firm Apollo Global Management’s ownership of two major American hospital systems degrades services, hurts…
Each month, PESP’s Healthcare Team will be putting together a roundup of 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…
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 is tracking private equity-backed healthcare acquisitions. Below is a list of private equity healthcare…
An op-ed by Emily Stewart, Community Catalyst and Jim Baker, PESP In 2010, when purchasing Prospect Medical Holdings, the private equity firm Leonard Green & Partners made numerous lofty promises to state regulators around expanding services, capital investments,…
Senate Budget Committee chair, Sheldon Whitehouse (D-RI), and co-chair, Chuck Grassley (R-IA) have announced that they are launching a bipartisan investigation into the impacts of private equity ownership of hospitals. Alongside the announcement of the investigation, the Senators sent…
In The Atlantic piece, “The Secretive Industry Devouring the U.S. Economy,” author Rogé Karma examines how private equity has taken one-fifth of formally publicly-traded companies off the market and effectively hidden them from investors, the media, and regulators.
In The Atlantic piece, “What Financial Engineering Does to Hospitals,” financial experts Joe Nocera and Bethany McLean dig into the role private equity plays in the healthcare system, specifically, the industry’s targeting of hospitals and the negative impacts…
Blackstone faces third portfolio company healthcare fraud settlement as DOJ alleges “culture of kickbacks” at TeamHealth Last month, medical staffing firm Team Health Holdings, Inc. and three other defendants agreed to pay nearly $4.4 million to settle allegations of…
In the Alabama Political Reporter piece, “New report recounts checkered history of Alabama’s prison healthcare provider,” author Jacob Homes discusses PESP’s report “YesCare Dodges Liability for Prison Conditions: Merger, Division, and Bankruptcy…
