Massachusetts lawmakers are holding a hearing Monday to discuss private equity ownership in healthcare.
, which owns nine hospitals in Massachusetts is in the middle of a financial crisis.
The company is now considering pulling out of the state. If this happens, health care will be far less accessible for hundreds of thousands of people.Sign up for NECN newsletters.On Monday, lawmakers heard from a top government watchdog who warned that industry consolidation, for-profit ownership and private equity investment in healthcare"will only continue."
The agency examined 182 provider purchases and sales between 2013 and 2023. Between 2013 and 2016, Seltz said, private equity was involved in about 25% of transactions. That jumped to 47% of transactions between 2017 and 2020 and 63% between 2020 and 2023.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Campbell: ‘Everything is on the table' on Steward Health CareMassachusetts Attorney General Andrea Joy Campbell called the financial crisis at Steward Health Care a 'dire situation' and told NBC10 Boston's Issue…
Weiterlesen »
Mass. needs more health care workers — can virtual reality help train them?Massachusetts' unemployment rate has fallen to 3%, but there is still high demand for workers in the health care field, especially registered nurses
Weiterlesen »
Mass. launches plan to address ‘serious public health threat' of racismThe Massachusetts Department of Public Health has launched a new plan aiming to curb systemic inequities
Weiterlesen »
'Raspy-voiced' Pope skips key part of Palm Sunday Mass amid concern over increasingly frail healthPope Francis has skipped a key part of the Palm Sunday Mass in the Vatican amid ongoing concerns about his increasingly frail health.
Weiterlesen »
How do we get more women into health care and medical leadership?Women continue to be under-represented in health care and medical leadership in Australia, with experts labeling the disparity an issue of 'equity and social justice.'
Weiterlesen »
Lit from within: How tiny wireless bulbs could revolutionize clinical health careResearchers from the University of St Andrews and the University of Cologne have developed a new device platform that allows for smaller wireless light sources to be placed within the human body.
Weiterlesen »