Bipartisan Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
Senate committee decries effects of private equity investment in healthcare
Private equity investment in healthcare has had negative consequences for patients and providers, according to a new report.
Senate report slams private equity in healthcare
Apollo Global Management and Leonard Green & Partners banked hundreds of millions while harming hospitals, according to a bipartisan report from the Senate Budget Committee.
Private equity reduces patient care while enriching investors, Senate report finds
The Senate investigation of Apollo Global Management's purchase of Lifepoint Healthcare and Leonard Green & Partners' purchase of Prospect Medical Holdings reinforced the findings of past research.
Bipartisan Senate Report Slams Private Equity Involvement in Healthcare
Private equity investments in healthcare may harm patients, providers and hospitals, according to a new report released by Sens. Sheldon Whitehouse, the Rhode Island Democrat who chaired the Senate Budget Committee in the 118th Congress,
Senate Report Blasts Private Equity’s Role in Healthcare
A U.S. Senate committee accused private-equity healthcare investors of choosing profits over patient care, adding a prominent voice to those claiming Wall Street is putting the medical system at risk.
Private Equity's Profits Linked to Declining Healthcare Standards, According To Bipartisan Congressional Investigation
A bipartisan Congressional investigation found that private equity-backed U.S. hospital systems deteriorated in patient care as their owners profited. The inquiry focused on Apollo Global Management's Lifepoint Healthcare and Leonard Green & Partners' Prospect Medical Holdings.
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