Editor's Note Growing consolidation and private equity investments in health care are driving up costs, reducing access, and raising quality concerns, according to a new report from HHS. According to HHS’ January 15 announcement, the report stems from a tri-agency effort by HHS, the Federal Trade Commission (FTC), and the…
Editor's Note Patients fared worse in the wake of private equity acquisitions of US hospitals, according to research published January 9 in JAMA Network. Over a decade-long analysis of 73 acquired hospitals and 293 matched controls, declines became more pronounced in the years following acquisition, researchers wrote. Key findings include:…
Editor's Note A bipartisan Senate Budget Committee report accuses private equity firms of prioritizing profits over patients, compromising care in underserved communities, CBS News reported January 7. The investigation scrutinized the operations of Leonard Green & Partners and Apollo Global Management, alleging widespread financial mismanagement and underinvestment in hospitals they…
Editor's Note A study published in JAMA Surgery revealed that hospitals owned by private equity firms had significantly worse outcomes for esophagectomy patients compared to non-acquired hospitals. As detailed in a January 2 report on the findings in MedPage Today, the analysis of over 9,000 cases highlights disparities in 30-day…
Editor's Note With 2024 concluded, orthopedic surgeons and surgical leaders are poised to leverage new technologies while addressing challenges in autonomy and value-based care in 2025, Healio December 17 reports. Ambulatory surgery centers (ASCs) have proven critical in providing cost-effective, patient-centered care, the author noted, highlighting that physician-led ASCs showcase…
Editor's Note With the ambulatory surgery center (ASC) market projected to reach $130.6 billion by 2031—a compound annual growth rate of 3.9%—ASC leaders pointed Becker’s ASC Review to key trends and opportunities fueling this growth. Outpatient care continues to expand across various specialties, and several factors are driving this shift,…
Editor's Note Private equity investment in hospital-owned ambulatory surgery centers (ASCs) is rising as hospitals seek expansion capital and private equity firms look for profitable partnerships in a growing sector, Modern Healthcare November 4 reports. ASCs have become popular due to their lower costs compared to hospitals, which makes them…
Editor's Note UnitedHealth Group (UHG) is in early talks to potentially acquire Surgery Partners, the third-largest operator of ambulatory surgical centers (ASCs) in the US, according to Bloomberg, Healthcare Finance August 26 reports. Surgery Partners has also attracted interest from private equity firms, including TPG Inc. While no deal is…
Editor's Note A bill in California that aims to increase oversight of private equity healthcare investments is receiving support from consumer advocates, labor unions, and the California Medical Association and opposition from hospitals worried about losing funding sources, the Los Angeles Times reported August 9. Sponsored by Attorney General Rob…
Editor's Note Acquisition by private equity firms leaves healthcare facilities less equipped to care for patients, according to a recent study published in JAMA. NBC reported the news July 31. Conducted by researchers from the University of California at San Francisco, Harvard Medical School, and Hunter College, this nationwide study…