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Private equity firms are under scrutiny for looting healthcare facilities, with Steward Health Care allegedly profiting at least $800 million. Senators Peters and Warren are leading investigations and proposing legislation to regulate private equity investments in healthcare, citing concerns about patient care and billing practices.
A private-equity-backed firm has helped drive down payments to medical providers, drive up patients’ bills and earn billions for insurers. https://t.co/i5IQEByJ6f
A little-known data firm helps health insurers make more when less of an out-of-network claim gets paid. Patients can be on the hook for the difference. https://t.co/wKIklNjjYI
As medical practices owned by private equity firms fuel overbilling, a payment tool also backed by such investors helps insurers boost their profits. https://t.co/oJWhVHDwpn
