Episode Details
Back to EpisodesPrivate Equity Took Over a Hospital. Then It Shuttered.
Published 6 months, 1 week ago
Description
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A hospital in Chester, Pennsylvania was acquired by a private equity firm that leveraged it to make shareholders millions. Now the facility has had to close its doors, leaving the community reeling. WSJ's Soma Biswas takes us inside the hospital’s bankruptcy and Jessica Mendoza speaks to a local emergency services executive about the impact on the local community in Chester.
Further Listening:
- Why Private Equity Is Buying Up Car Washes
- The Private Equity Lobby Wins Again
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