Key Points:
- The U.S. Federal Trade Commission (FTC), the Department of Justice (DOJ), and the Department of Health and Human Services (HHS) have launched a public inquiry into the increasing control of private equity and other corporations over health care.
- The inquiry seeks information about the impact of private equity investment on patient health, worker safety, quality of care, and affordability for patients and taxpayers.
- FTC Chair Lina M. Khan expressed concerns about private equity firms buying health care facilities and then reducing staffing and cutting quality, which can negatively affect patients.
- The federal regulators will accept public comments on the matter through May 6. An official request for comments and an electronic comment portal have been made available online.