When a private hospital firm comes to town
The Steward bankruptcy serves as a warning to any community facing sales of hospitals to private, for-profit firms.
Think global; act local.
Earlier this month, privately-owned Prime Healthcare purchased eight hospitals in and around Chicago, my toddlin’ town. I published an op-ed in Crain’s Chicago Business today warning about the risks engendered by the deal. You can read it for free by going to this link and signing up for one of their daily emails. I will republish the entire op-ed tomorrow on GoozNews.
Here’s a link to a previous piece I did on private-equity ownership: While private equity profits, a hospital slowly dies.
And Washington Monthly reprinted my article from yesterday, Medicaid needs rebranding. I encourage you to sign up for its daily emails and support its work.
Great article!
Once again, important story!