<story><title>Who employs your doctor? Increasingly, a private equity firm</title><url>https://www.nytimes.com/2023/07/10/upshot/private-equity-doctors-offices.html</url></story><parent_chain><item><author>verteu</author><text>Reminds me of &amp;quot;Does Private Equity Investment in Healthcare Benefit Patients?&amp;quot; [1].&lt;p&gt;&amp;gt; Our estimates show that PE ownership increases the short-term mortality of Medicare patients by 10%, implying 20,150 lives lost due to PE ownership over our twelve-year sample period. This is accompanied by declines in other measures of patient well-being, such as lower mobility, while taxpayer spending per patient episode increases by 11%. We observe operational changes that help to explain these effects, including declines in nursing staff and compliance with standards.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.nber.org&amp;#x2F;system&amp;#x2F;files&amp;#x2F;working_papers&amp;#x2F;w28474&amp;#x2F;w28474.pdf&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.nber.org&amp;#x2F;system&amp;#x2F;files&amp;#x2F;working_papers&amp;#x2F;w28474&amp;#x2F;w284...&lt;/a&gt;</text></item></parent_chain><comment><author>Calavar</author><text>Another good article in this space is the New Yorker&amp;#x27;s report on Hahneman Hospital [1], which was acquired by a private equity firm and  dissolved a few years later.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.newyorker.com&amp;#x2F;magazine&amp;#x2F;2021&amp;#x2F;06&amp;#x2F;07&amp;#x2F;the-death-of-hahnemann-hospital&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.newyorker.com&amp;#x2F;magazine&amp;#x2F;2021&amp;#x2F;06&amp;#x2F;07&amp;#x2F;the-death-of-h...&lt;/a&gt;</text></comment>
<story><title>Who employs your doctor? Increasingly, a private equity firm</title><url>https://www.nytimes.com/2023/07/10/upshot/private-equity-doctors-offices.html</url></story><parent_chain><item><author>verteu</author><text>Reminds me of &amp;quot;Does Private Equity Investment in Healthcare Benefit Patients?&amp;quot; [1].&lt;p&gt;&amp;gt; Our estimates show that PE ownership increases the short-term mortality of Medicare patients by 10%, implying 20,150 lives lost due to PE ownership over our twelve-year sample period. This is accompanied by declines in other measures of patient well-being, such as lower mobility, while taxpayer spending per patient episode increases by 11%. We observe operational changes that help to explain these effects, including declines in nursing staff and compliance with standards.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.nber.org&amp;#x2F;system&amp;#x2F;files&amp;#x2F;working_papers&amp;#x2F;w28474&amp;#x2F;w28474.pdf&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.nber.org&amp;#x2F;system&amp;#x2F;files&amp;#x2F;working_papers&amp;#x2F;w28474&amp;#x2F;w284...&lt;/a&gt;</text></item></parent_chain><comment><author>johndhi</author><text>An absolutely wild and illuminating statement</text></comment>