Thursday, January 9, 2025

Private equity reduces patient care while enriching investors, Senate report finds

"As our investigation revealed, these financial entities are putting their own profits over patients, leading to health and safety violations, chronic understaffing, and hospital closures," Whitehouse said in a statement. "Private equity investors have pocketed millions while driving hospitals into the ground and then selling them off, leaving towns and communities to pick up the pieces."

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