Senate report slams private equity's "detrimental effects" on hospitals (1 Viewer)

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    Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report released Tuesday by a powerful Senate committee.

    The 162-page report by the Senate Budget Committee comes as Americans continue to express outrage over the role of corporations in the U.S. healthcare system, following the December killing of the CEO of the nation's largest health insurer. And its findings add to a chorus of lawmakers trying to address the detrimental impact of private equity ownership on...

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