Latest News On Patients for Profit

Latest California Healthline Stories

Hospices Have Become Big Business for Private Equity Firms

Private equity firms are seeing opportunities for profit in hospice care, once the domain of nonprofit organizations. The investment companies are transforming the industry — and might be jeopardizing patient care — in the process.

Buy and Bust: When Private Equity Comes for Rural Hospitals

Noble Health swept into two small Missouri towns promising to save their hospitals. Instead, workers and vendors say it stopped paying bills and government inspectors found it put patients at risk. Within two years — after taking millions in federal covid relief and big administrative fees — it locked the doors.

Betting on ‘Golden Age’ of Colonoscopies, Private Equity Invests in Gastro Docs

An aging population in need of regular cancer screenings has driven private equity companies, seeking profits, to invest in many gastroenterology practices and set up aggressive billing practices. Steep prices on routine tests are one consequence for patients.