{"id":2485434,"date":"2025-09-11T16:02:02","date_gmt":"2025-09-11T20:02:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/private-equity-drains-resources-from-u-s-hospitals-report\/"},"modified":"2025-09-11T16:05:36","modified_gmt":"2025-09-11T20:05:36","slug":"private-equity-drains-resources-from-u-s-hospitals-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/private-equity-drains-resources-from-u-s-hospitals-report\/","title":{"rendered":"Private equity drains resources from U.S. hospitals: Report"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fprivate-equity-drains-resources-from-u-s-hospitals-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2485434&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article reports on a new study revealing that private equity (PE) ownership of U.S.hospitals negatively impacts patient care and depletes community resources. Peter Pitts, former FDA Associate Commissioner and president of the Center for Medicine in the Public Interest, authored the report titled &#8220;Barbarians at the Hospital Gates: Private Equity and its Impact on Patient Care.&#8221; The report highlights that over the past 20 years, PE firms have heavily invested-over $1 trillion-in healthcare, owning or operating 20% of for-profit hospitals. It finds that PE acquisitions lead to aggressive cost-cutting aimed at <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-rubio-china-uses-influence-on-u-s-corporations-to-push-for-china-friendly-policies\/\" title=\"Sen. Rubio: China uses influence on U.S. corporations to push for China-friendly policies\">short-term profits<\/a>, resulting in hospitals losing notable assets, such as real estate and equipment, averaging a $28 million loss per hospital within two years post-takeover.<\/p>\n<p>The study cites examples like Steward healthcare in Massachusetts, which declared bankruptcy despite receiving state emergency funds, while the PE firm Apollo Global Management profited substantially. Research also shows a rise in patient complications, infections, and mortality rates after hospitals are bought by PE firms, along with declines in patient satisfaction and hospital ratings. One study indicated a 42% higher 30-day mortality rate for emergency surgeries at PE-owned hospitals compared to others.<\/p>\n<p>Pitts warns that the PE approach prioritizes financial returns over patient welfare and calls for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alameda-the-firm-at-the-heart-of-ftxs-catastrophic-collapse\/\" title=\"Alameda: The Firm at the Heart of FTX\u2019s \u201cCatastrophic Collapse\u201d\">stronger regulatory oversight<\/a> and alignment of financial and clinical goals to ensure hospitals serve as essential care providers rather than profit centers. He concludes, &#8220;When it comes to advancing quality hospital care &#8211; greed is not always good.&#8221; <br \/> <!DOCTYPE html><br \/>\n<?xml encoding=\"utf-8\" ?><html><body><\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Private equity drains resources from U.S. hospitals: Report<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2227362\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>(The Center Square) &ndash; Private equity ownership of <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/hospitals\/\" target=\"_blank\" rel=\"noreferrer noopener\">hospitals<\/a> across the United States leads to declining <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/healthcare\/\" target=\"_blank\" rel=\"noreferrer noopener\">patient care<\/a> and drained community resources, a new report warns.<\/p>\n<p>Peter Pitts, former Associate <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/fda\/\" target=\"_blank\" rel=\"noreferrer noopener\">FDA<\/a> Commissioner and president of the Center for Medicine in the Public Interest, released &ldquo;Barbarians at the Hospital Gates: Private Equity and its Impact on Patient Care&rdquo; this month.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/crime\/3803767\/turning-point-charlie-kirk-death-statement\/\">TPUSA lauds Charlie Kirk&#8217;s commitment to Christ and &#8216;good-faith debate&#8217; in statement on assassination<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3803683\/congress-security-protocols-aftermath-charlie-kirk-assassination\/\">Congress reviews security protocols in aftermath of Charlie Kirk assassination<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3803548\/kamala-harris-impossible-bind-direct-criticism-joe-biden-new-book\/\">Kamala Harris in &#8216;impossible bind&#8217; when it comes to directly criticizing Joe Biden<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;Over the past two decades, private equity (PE) has come to play an increasingly influential role in the operations and management of hospitals across the United States,&rdquo; the&nbsp;<a href=\"https:\/\/mr.cdn.ignitecdn.com\/client_assets\/cmpiorg\/media\/attachments\/68bd\/aa6e\/6034\/f323\/fd2c\/6970\/68bdaa6e6034f323fd2c6970.pdf?1757260398\" target=\"_blank\" rel=\"noreferrer noopener\">report<\/a>&nbsp;said. &ldquo;Recent reports found that PE has invested over $1 trillion into the American healthcare sector, with 20% of all for-profit hospitals owned or operated by PE firms. Disconcertingly, studies show patient experience worsens after a hospital is acquired by PE, as such acquisitions create incentives to pursue short-term returns through aggressive cost-cutting.&rdquo;<\/p>\n<p>Private equity firms routinely strip hospitals of assets, according to the report.<\/p>\n<p>&ldquo;Nationwide, in the two years after a private equity takeover, hospitals lost on average nearly one-quarter of their real estate, buildings, and equipment. That&rsquo;s equivalent to a $28 million loss per hospital,&rdquo; Pitts wrote.<\/p>\n<p>Examples include Massachusetts, where the state provided Steward Healthcare $72 million in emergency funding after the group declared bankruptcy. Apollo Global Management, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-hunter-biden-still-owns-stake-in-chinese-equity-firm\/\" title=\"...: Hunter Biden still owns stake in Chinese equity firm\">private equity firm<\/a> behind Steward, walked away with about $325 million.<\/p>\n<p>The report cites studies showing a rise in adverse patient outcomes after private equity takeovers.<\/p>\n<p>A Journal of the American Medical Association&nbsp;<a href=\"https:\/\/jamanetwork.com\/journals\/jama\/fullarticle\/2813379\" target=\"_blank\" rel=\"noreferrer noopener\">study<\/a>&nbsp;found a &ldquo;25% increase in hospital-acquired complications (HACs), including a 38% rise in central-line bloodstream infections, a doubling of surgical-site infections, and a 27% increase in falls, despite fewer central lines being placed,&rdquo; the report said.<\/p>\n<p>Patient satisfaction also declines.<\/p>\n<p>A 2025 cohort study analyzing Hospital Consumer Assessment of Healthcare Providers and Systems data showed &ldquo;declines in overall hospital ratings (&minus;2.4 percentage points) and willingness to recommend (&minus;2.1 points) in PE-acquired hospitals relative to matched controls. These differences grew over time, with a &minus;5.2 and &minus;4.4 drop by year three post-acquisition, respectively.&rdquo;<\/p>\n<p>The report also noted a Health Affairs study showing that &ldquo;Medicare beneficiaries undergoing emergency surgeries at PE-owned hospitals had a 42% higher 30-day mortality, rising from 6.4% to 9.1%, compared to similar procedures at non&ndash;PE hospitals.&rdquo;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3801742\/republicans-boost-democrats-demands-extend-obamacare-subsidies\/\" target=\"_blank\" rel=\"noreferrer noopener\">REPUBLICANS BOOST DEMOCRATS&rsquo; DEMANDS TO EXTEND OBAMACARE SUBSIDIES<\/a><\/strong><\/p>\n<p>Pitts concludes that private equity&rsquo;s short-term financial model undermines care.<\/p>\n<p>&ldquo;Safeguarding patient welfare requires regulatory vigilance, transparency, and alignment of financial and clinical goals &ndash; so that hospitals remain vital lifelines, not merely profit-generating assets,&rdquo; he said. &ldquo;When it comes to <a href=\"https:\/\/amzn.to\/3YuVZYV\" >advancing quality hospital care &#038;ndash<\/a>; greed is not always good.&rdquo;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script> <\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Private equity harms U.S. hospitals, report finds<\/p>\n","protected":false},"author":2869,"featured_media":2485435,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/09\/AP7792050132372164.jpg?w=400","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[4606,63149,63148,42790],"class_list":["post-2485434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-healthcare","tag-medical-funding","tag-private-equity","tag-u-s-hospitals"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/09\/AP7792050132372164.jpg?w=400","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2485434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2869"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2485434"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2485434\/revisions"}],"predecessor-version":[{"id":2485438,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2485434\/revisions\/2485438"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2485435"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2485434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2485434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2485434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}