Posted 4/1/2024, 10:30:41 PM
Senate Launches Inquiry into Private Equity Ownership of Hospital ERs and Possible Impacts on Patient Care
- Senate committee launched inquiry into whether private equity ownership of ERs harms patients
- Letters sent to 3 major private equity firms seeking info on ER staffing and management
- Committee concerned about improper billing, retaliation, anti-competitive activities
- Private equity owns or manages 40% of US emergency departments
- Previous study found 10% higher mortality rates at private equity owned nursing homes