Hospitals Bought By Private Equity Firms Often Face Decreased Ability to Serve Patients: Study
Stripped of assets and saddled with debt, recently bought private equity hospitals find it harder to provide care for patients, researchers warn.
Stripped of assets and saddled with debt, recently bought private equity hospitals find it harder to provide care for patients, researchers warn.
The lack of quality emergency room care provided at hospitals run by private equity firms could leave the nation vulnerable to terrorist attacks, mass casualty events, or another pandemic, the senator warns.
Patients often have to be transferred to a publicly-owned facility for treatment of injuries and complications at hospitals owned by private equity firms, researchers found.