Why Private Equity is Buying Hospitals & Shutting Them Down

This Investigative report by More Perfect Union is posted on YouTube. With all the talk about hospitals these days, this video describes the threat posed by private equity investors buying up pieces of the U.S. health care system, siphoning resources, loading them up with debt, and closing facilities or causing them to fail. This story about hospital closures describes situations in Pennsylvania and Massachusetts, but every state is vulnerable to these kinds of market influences due to our increasingly corporatized health system. 

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