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Objective To review the evidence on trends and impacts of private equity (PE) ownership of healthcare operators.
Design Systematic review.
Data sources PubMed, Web of Science, Embase, Scopus, and SSRN.
Eligibility criteria for study selection Empirical research studies of any design that evaluated PE owned healthcare operators.
Main outcome measures The main outcome measures were impact of PE ownership on health outcomes, costs to patients or payers, costs to operators, and quality. The secondary outcome measures were trends and prevalence of PE ownership of healthcare operators.
Data synthesis Studies were classified as finding either beneficial, harmful, mixed, or neutral impacts of PE ownership on main outcome measures. Results across studies were narratively synthesized and reported. Risk of bias was evaluated using ROBINS-I (Risk Of Bias In Non-randomised Studies of Interventions).
Results The electronic search identified 1778 studies, wit ....
A research team supervised by a health policy researcher at the University of Chicago has found that increasingly common private equity investments in healthcare are generally associated with higher costs to patients and payers. ....