"...when private equity firms come in and buy out struggling health care facilities, the goal is often to make a profit, which could mean cutting services or staff, endangering patient outcomes."
We support Coalition for Patient Centered Care and the efforts to bring more legislation around the management and review of private equity involvement in healthcare and acquisitions.
Although we were disappointed CA's AB 3129 did not become law. As a coalition dedicated to quality patient care, we are encouraged that policymakers both at the state and federal level are continuing to combat private equity in healthcare. This is an issue that needs to be urgently addressed due to the negative effect private equity investment in the healthcare sector has on workers and patients alike. https://lnkd.in/eSGKwdEM
State lawmakers discuss the future regulation of private equity in healthcare
kunm.org