Private Equity Firms Exploit Patients
Seeking Emergency Care
The growing presence of private equity-backed providers is becoming an all too common influence in the health system – and one of the leading drivers behind egregious surprise medical bills that bankrupt families across the country. Learn more about how private equity firms exploit the market at the expense of patients – and why surprise medical billing reforms need to address the soaring cost of these bills.
ICYMI: Mystery Group Puts $13 Million Into Ads On Surprise Health Bills
"Mystery Group Puts $13 Million Into Ads On Surprise Health Bills" Below is an excerpt from Bloomberg Government A shadowy group has spent more than $13 million since July advertising in states with vulnerable senators to oppose legislation that would rein in medical...
ICYMI: Financial Times: US healthcare provider loans tumble as politicians target patient billing
"A push on Capitol Hill to stop US patients from being caught unaware by medical bills is weighing on the debt of KKR-backed Envision Healthcare, the target of one of the biggest leveraged buyouts last year. The proposed law, seen as having broad bipartisan support in...
When Patients Are Feeling Low, Envision Goes High on Surprise Medical Bills
Envision Healthcare Corp., the parent company of EmCare which is notorious for exorbitant surprise medical bills, is now facing a class-action lawsuit from several Texas patients who were on the receiving end of unfair and excessive out-of-network charges. The...
When Patients Are At Their Most Vulnerable, Private Equity Firms See “Opportunity to Reap Above-Market Returns”
In an op-ed for The Hill, co-director of the Center for Economic and Policy Research Eileen Appelbaum highlights the explosion of private equity-backed provider firms that see profit opportunities when patients are at their most vulnerable. "Private equity has shaped...
Flashback: NYT Profiles “The Company Behind Many Surprise Emergency Room Bills”
The growing presence of private equity-backed provider and specialty medical groups is becoming an all too common influence in the health system – and one of the leading drivers behind egregious surprise medical bills that bankrupt families across the country. EmCare,...
The Not-So-Good, The Bad and The Ugly of Surprise Medical Billing
A sharp stomach pain in the middle of the night. A knee bent the wrong way on the soccer field. A blinding headache out of nowhere in the middle of the workday. An ambulance ride to the nearest emergency room. It’s in times like these that Americans and their families...