“The effects of private equity acquisitions of US hospitals on the clinical quality of inpatient care and patient outcomes…..”
“To examine changes in hospital-acquired adverse events and hospitalization outcomes associated with private equity acquisitions of US hospitals.”
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“….examination of 662,095 hospitalizations at 51 private equity–acquired hospitals….”
“After private equity acquisition, Medicare beneficiaries admitted to private equity hospitals experienced a 25.4% increase in hospital-acquired conditions compared with those treated at control hospitals….”
“This increase in hospital-acquired conditions was driven by a 27.3% increase in falls and a 37.7% increase in central line–associated bloodstream infections at private equity hospitals, despite placing 16.2% fewer central lines.”
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“Surgical site infections doubled….despite an 8.1% reduction in surgical volume…”
“Private equity acquisition was associated with increased hospital-acquired adverse events, including falls and central line–associated bloodstream infections, along with a larger but less statistically precise increase in surgical site infections.”
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“These findings heighten concerns about the implications of private equity on health care delivery.”
“Private equity acquisition of hospitals, on average, was associated with increased hospital-acquired adverse events despite a likely lower-risk pool of admitted Medicare beneficiaries, suggesting poorer quality of inpatient care.”
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S.Kannan, et al
Changes in Hospital Adverse Events and Patient Outcomes Associated With Private Equity Acquisition
Journal of the American Medical Association — Volume 330 #24 — December 26, 2023 — pg 2365