Tag: Congressional investigation healthcare privatization
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Reports Reveal Troubling Impact: Hospitals Owned by Private Equity Harming Patients
According to reports, private equity firms are acquiring hospitals around the US, which may harm patients. Private equity ownership can lead to cost-cutting, staff layoffs, lower treatment quality, and more medical errors, according to two investigations. The findings focus on Apollo Global Management hospitals, raising issues about how financial manipulations affect healthcare outcomes. Private Equity’s…