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Chris Murphy 🟧 @ChrisMurphyCTL: "It's like deja vu all over again. [View all]
A private equity firm acquires a hospital operator, piles on debt...and pockets a hefty dividend before walking away. Left behind are struggling hospitals, vulnerable patients, and, eventually, bankruptcy."Link to tweet
Possibly the worst example of private equity greed’: In Prospect Medical bankruptcy, echoes of Steward
The California hospital chain went bust four years after Leonard Green & Partners took its profits and walked away
By Larry Edelman Globe Columnist,
Updated January 13, 2025, 13 minutes ago
https://archive.ph/j9pCF#selection-1891.0-1891.261
1 replies
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= new reply since forum marked as read