Meet the States Fighting Private Equity’s Health Care Destruction
What happens when private equity buys your local hospital? In Delaware County, Pennsylvania, it meant broken promises, shuttered trauma centers, and thousands of lost jobs. This story, told through the collapse of Crozer Health, isn’t an outlier—it’s part of a troubling national pattern. Across the country, PE-backed health systems are gutting care in the name of profit, leaving vulnerable communities with few options. Lawmakers are starting to fight back, but the question remains: How long can we afford to treat health care like a Wall Street investment? Sumitra Rajagopal with Boondoggle has the full story on the growing trend in health care.
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