Stay updated with breaking news from Robert Homchick. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
Another account of the extent of the private equity health care grifting, as well as some avenues to check these abuses.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/DRI2OT7BI3CHD2D6YEFBAORUMY.jpg)
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.
In addition to higher prices, this quiet takeover has also often resulted in lawsuits and complaints about care.