Who Owns Your Local Hospital? Lawmakers Seek Answers

!function(){“use strict”;window.addEventListener(“message”,function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[“datawrapper-height”][t]+”px”;r.style.height=d}}})}();

Some private investors gravitate toward purchasing hospitals and physician practices, and state lawmakers have taken notice.
The problem, some lawmakers say, is that private investors push for short-term profits, which can lead to lower quality of care at higher prices.
Also, the ownership stake of private equity in a hospital and physician practices can be difficult to determine, leaving lawmakers in the dark as to who’s profiting from a large chunk of their state’s expenditures….