Accelerated by Pandemic Relief Programs, National Home Health Spending Hits $123.7B

“Wall Street losses should not impact private payers’ and taxpayers’ payments to hospitals,” the trio of researchers hailing from the RAND Corporation, Manhattan College and Johns Hopkins University wrote. “Asking these constituents to foot the bill for hospitals’ investment losses not only lacks justification but will insulate hospitals from the consequences of their investment decisions, motivating less fiscally responsible behavior in the future.”

From 2013 to 2016, private equity firms acquired 355 physician practices (many with hundreds of doctors). In the four years that followed, private equity acquired 578 additional physician practices. Those numbers continue to grow.