June 16, 2024
What does it imply for sufferers?
Non-public fairness takes over well being care: What does it imply for sufferers?

Non-public fairness companies have shelled out virtually $1 trillion to accumulate well being care companies in offers virtually at all times hidden from regulators. The end result: increased costs, lawsuits and complaints about care.

Fred Schulte

Kaiser Well being Information

Two-year-old Zion Gastelum died simply days after dentists carried out root canals and put crowns on six child enamel at a clinic affiliated with a personal fairness agency.

His dad and mom sued the Kool Smiles dental clinic in Yuma, Arizona, and its non-public fairness investor, FFL Companions. They argued the procedures had been carried out needlessly, in line with a company technique to maximise income by overtreating youngsters from lower-income households enrolled in Medicaid. Zion died after being identified with “mind injury attributable to an absence of oxygen,” based on the lawsuit.

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