From driving medical facilities out of business to charging predatory interest rates on patient billing schemes, F. Douglas Stephenson outlines how private equity is stealthily destroying Americans' healthcare.
By F. Douglas Stephenson
Common Dreams
Private equity has succeeded in depict
Private equity firms have shelled out almost $1 trillion to acquire nearly 8,000 health care businesses across the country - including Florida - in deals almost always hidden from federal regulators.
Private equity firms have shelled out almost $1 trillion to acquire nearly 8,000 health care businesses across the country - including Florida - in deals almost always hidden from federal regulators.
As private equity extends its reach into health care, evidence is mounting that the penetration has led to higher prices and diminished quality of care, a Kaiser Health News investigation has found.