Study Reveals Higher Patient Risks at Hospitals Owned by Private Equity Firms
(Source – The Guardian) A recent comprehensive study published in the Journal of the American Medical Association (JAMA) sheds light on the increased hazards faced by patients in hospitals acquired by private equity firms. The research examined the rates of 10 serious adverse events associated with medical care at 51 hospitals both before and after their acquisition by private equity firms, comparing the results with those from 259 non-private equity-owned hospitals. The Senate Budget Committee recently initiated a bipartisan investigation Private equity firms have been expanding their presence in the U.S. healthcare delivery system , acquiring hospitals, nursing homes, behavioral health systems, and private physician practices. Prior academic research has indicated that private equity ownership is linked to higher patient death rates in nursing homes and increased costs to taxpayers. In response to these concerns, the Senate Budget Committee recently initiated a bipa...