Serious Medical Errors Rose After Private Equity Firms Bought Hospitals

December 27, 2023

black and white image of a stethoscope

(New York Times) – The rate of serious medical complications increased in hospitals after they were purchased by private equity investment firms, according to a major study of the effects of such acquisitions on patient care in recent years.

The study, published in JAMA on Tuesday, found that, in the three years after a private equity fund bought a hospital, adverse events including surgical infections and bed sores rose by 25 percent among Medicare patients when compared with similar hospitals that were not bought by such investors. (Read More)