Private Equity’s Impact on Hospice Care, The Good, the Bad, and the Ugly of Private Equity
Private equity firms are quietly reshaping the healthcare landscape, but at what cost? Today, we sit down with Laura Katz Olson, a distinguished professor of political science at Lehigh University and author of "Ethically Challenged," to uncover the unsettling truths behind private equity's involvement in healthcare. Laura's decades of research on aging and healthcare provide an eye-opening perspective on how these firms operate with minimal transparency, often at the expense of patient care.
Throughout our discussion, Laura breaks down the financial strategies these firms employ, like debt-loading and real estate selloffs, that jeopardize the long-term sustainability of the organizations they target. We contrast the profit-driven motives of private equity with the mission-oriented focus of nonprofit organizations, shedding light on the stark disparities in quality. From the aggressive expansion of private equity into sectors like home healthcare and student loans to the alarming rise in healthcare bankruptcies, the discussion paints a vivid picture of the ethical and operational challenges facing the industry.
We also explore the broader implications of private equity across various industries. As we wrap up, we celebrate the unsung heroes within the hospice community, whose dedication and compassion starkly contrast with a profit-driven approach.
Join us for a compelling conversation.
Guest: Laura Katz Olson, Professor of Political Science at Lehigh University
Host: Chris Comeaux, President / CEO of TCN / TCG
https://www.teleioscn.org/tcntalkspodcast/private-equitys-impact-on-hospice-care-with-laura-katz-olson
Teleios Collaborative Network / https://www.teleioscn.org/tcntalkspodcast
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