As private equity groups are swarming into aging America’s eye care, the consolidation is costing the U.S. health care system and patients more money.
Category: Patients for Profit
Buy and Bust: When Private Equity Comes for Rural Hospitals
Noble Health swept into two small Missouri towns promising to save their hospitals. Instead, workers and vendors say it stopped paying bills and government inspectors found it put patients at risk. Within two years — after taking millions in federal covid relief and big administrative fees — it locked the doors.
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