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DeepNewz, mobile.
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U.S. consumers are learning the impact private-equity firms have on health care. Over the past decade, these firms have spent $1 trillion taking over health care companies, typically loading them with debt and hoping to sell them at a gain in 3 to 5 years. https://t.co/buHXHlYkkV
A little-known data firm called MultiPlan helps UnitedHealthcare, Cigna and other insurers make more when less of an out-of-network claim gets paid. Our investigative reporter breaks down how it works and why patients can be on the hook for the difference. https://t.co/R0Gfpf6aqX https://t.co/P36GJL1c7k
A new study by Private Equity Stakeholder Project pinpoints the states where private-equity firms have the most influence on health care, housing, jobs and pensions. Georgia, for example, ranks high for housing, and New Mexico places high for health care. https://t.co/yOg2qFovsq
Health insurers like UnitedHealthcare have been reaping massive fees by underpaying out-of-network doctors and hospitals, with the help of data firm MultiPlan. MultiPlan identified $23 billion in bills not recommended for payment last year. Insurers can influence MultiPlan's payment recommendations, leading to higher fees for them and higher bills for patients.
