Watchdog warns of risks to patients as private equity’s stake in US healthcare grows
The News
The Private Equity Stakeholder Project (PESP) released a report detailing over 500 joint ventures between private equity firms and nonprofit healthcare providers. The watchdog group called for greater government oversight, warning that these arrangements could pose risks to patients, payers, and employees. PESP, a vocal critic of private equity in healthcare, highlighted risks such as profit extraction and reduced quality of care. The report covers a wide range of healthcare settings, from rural hospitals to hospice care.
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The Private Equity Stakeholder Project (PESP) released a report detailing over 500 joint ventures between private equity firms and nonprofit healthcare providers. The watchdog group called for greater government oversight, warning that these arrangements could pose risks to patients, payers, and employees. PESP, a vocal critic of private equity in healthcare, highlighted risks such as profit extraction and reduced quality of care. The report covers a wide range of healthcare settings, from rura...
Risks to patients include decline in quality of care
The Private Equity Stakeholder Project (PESP) published a report detailing more than 500 joint ventures between private equity firms and nonprofit healthcare providers.
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Key findings
The joint ventures range from rural hospitals to major religiously affiliated health systems to hospice care providers.
The Guardian- Risks to patients include decline in quality of care
- Joint ventures involve rural hospitals and hospice care, critical for public health
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Loaded language removed<p>New report details slew of ventures between private equity and nonprofits and calls for greater government oversight </p><p>A watchdog group is calling for greater government oversight of joint ventures between private equity firms and non-profit healthcare providers, arguing that the arrangements could present “risks” to “patients, payers and employees”.</p><p>In a new report, Private Equity…
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Claims
The joint ventures range from rural hospitals to major religiously affiliated health systems to hospice care providers.
The GuardianThe Private Equity Stakeholder Project (PESP) published a report detailing more than 500 joint ventures between private equity firms and nonprofit healthcare providers.
The GuardianThe risks identified include extraction of profit and a decline in quality of care.
OpinionPESP is calling for greater government oversight of these joint ventures.
Opinion