this post was submitted on 06 Feb 2025
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US health department condemns private equity firms for role in declining healthcare access (www.theguardian.com)
submitted 1 day ago by MicroWave to c/health
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Summary

A U.S. Health Department report condemned private equity firms for driving up healthcare costs, reducing competition, and compromising patient safety.

Studies cited show private equity ownership of nursing homes led to an 11% increase in patient deaths, with similar risks in hospitals due to staffing cuts.

The Biden administration had pushed for reforms, but the Trump administration has since removed the report’s press release.

Experts warn Trump may favor private equity interests, potentially worsening healthcare consolidation and reducing access to quality care for patients nationwide.

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[–] [email protected] 3 points 1 day ago (1 children)

Report doesn't seem to be available. Did the whole HHS website get memory holed?

Firefox error message saying www.hhs.gov cannot be found