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Quality of care declines after private equity takes over hospitals, finds nationwide analysis
- Rates of hospital-acquired complications increased by 25% at hospitals after being purchased by private equity firms, driven by an increase in falls, central line infections, and surgical site infections.
- Private equity firms have invested $1 trillion in hospital systems over the past decade, including $200 billion in 2021 alone. More than one-third of the 380 hospitals owned by private equity firms serve rural communities.
- Private equity ownership is associated with higher death rates for patients in nursing homes, increased costs to taxpayers, and higher prices for care at hospitals.
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Private equity ownership is bad for a hospital's health
Private equity has pumped more than $1 trillion into the US healthcare sector in the last decade, with over 8,000 deals completed. But it isn’t panning out well for patients. A new study led by researchers from Harvard Medical School (HMS) finds that care tends to deteriorate at hospitals after private equity firms…Read more...
·United States
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Total News Sources25
Leaning Left8Leaning Right1Center15Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 33%
C 63%
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