∞ Hospitals owned by private equity are harming patients, reports find

‣ Published on Jan 18, 2024

Beth Mole writes for Ars Technica,

Private equity firms are increasingly buying hospitals across the US, and when they do, patients suffer, according to two separate reports. Specifically, the equity firms cut corners, slash services, lay off staff, lower quality of care, take on substantial debt, and reduce charity care, leading to lower ratings and more medical errors, the reports collectively find.

We need more reports like this, and more media attention.