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Private Equity Hospitals Linked to 13% Higher Mortality Rates

9/23/2025

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Summary

Story summary

Hospitals acquired by private equity firms show a 13% rise in mortality among Medicare patients, strongest in emergency departments.
Harvard Medical School, University of Pittsburgh, and University of Chicago conducted the study.
An 18% reduction in emergency department salary expenditures at private equity hospitals.
The dataset covers 2009–2019 and includes 1 million emergency visits and 121,000 ICU hospitalizations; transfers rose.

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Story summary

Hospitals acquired by private equity firms show a 13% rise in mortality among Medicare patients, strongest in emergency departments.
Harvard Medical School, University of Pittsburgh, and University of Chicago conducted the study.
An 18% reduction in emergency department salary expenditures at private equity hospitals.
The dataset covers 2009–2019 and includes 1 million emergency visits and 121,000 ICU hospitalizations; transfers rose.