Private Equity's Quiet Coup in US Healthcare: A Threat to Patients and Profits The Private Equity Stakeholder Project (PESP) has issued a report highlighting a disturbing trend in US healthcare: private equity firms are increasingly partnering with nonprofit hospitals, potentially putting patients' lives at risk.
The watchdog group's findings should raise concerns among lawmakers, regulators, and investors who have been ignoring this development.
Joint ventures between private equity firms and nonprofits may seem like a win win, providing much needed capital for hospitals to upgrade facilities or invest in new technologies.