How private equity is killing public access to hospitals and emergency care
Summary
Private equity firms have been buying hospitals and running them like businesses. This has made money for investors but has caused problems for patients, local communities, and health care workers.Key Facts
- Private equity owns many hospitals now.
- These owners focus on making profits.
- Hospitals under private equity have fewer resources for patients.
- Emergency care and public access to hospitals have declined.
- Communities served by these hospitals face risks due to changes.
- Health care providers experience increased pressure and challenges.
- The business approach can hurt the quality of health services.
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