Study finds 13% increase in ER death rates after private equity hospital acquisitions
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Summary
A study published in Annals of Internal Medicine found that patient death rates in hospital emergency departments rose by 13% after private equity firms acquired the hospitals, compared to similar hospitals. The research analyzed outcomes over a 10-year period and suggests the increased mortality is likely due to reduced staffing levels following acquisition. This adds to existing evidence showing harmful patient outcomes and higher costs at healthcare entities owned by profit-oriented financiers.
Key quotes
· 3 pulledAfter hospitals were acquired by private equity firms, patient death rates in the emergency departments rose by 13% compared with similar hospitals
The research, which compared outcomes at hospitals over a 10-year period, adds fresh evidence to previous studies showing harmful patient outcomes and higher costs among health care entities owned by profit-oriented financiers
The increased deaths in emergency departments at private equity-owned hospitals are most likely the result of reduced staffing levels after the acquisition
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