Private equity could negatively affect healthcare quality
By Hicbd
Mon Dec 20 2021 8:36 am
"The researchers found that private equity’s focus on short-term profits 'leads to pressure to prioritize revenue over quality of care, to overburden health-care companies with debt, strip their assets, and put them at risk of long-term failure, and to engage in anticompetitive and unethical billing practices'...In addition, economists and practitioners who have studied private equity-backed health care entities say they often try to increase revenue by providing services typically outsourced to third parties (presenting conflicts of interest)."
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