Summary

A U.S. Health Department report condemned private equity firms for driving up healthcare costs, reducing competition, and compromising patient safety.

Studies cited show private equity ownership of nursing homes led to an 11% increase in patient deaths, with similar risks in hospitals due to staffing cuts.

The Biden administration had pushed for reforms, but the Trump administration has since removed the report’s press release.

Experts warn Trump may favor private equity interests, potentially worsening healthcare consolidation and reducing access to quality care for patients nationwide.