Steward Health Care’s collapse has become the case study for how private equity can destabilize hospital systems — and what happens when regulators are asleep at the wheel. This piece traces how a struggling Catholic system morphed into a PE-backed national chain burdened by sale-leasebacks, lawsuits, shuttered hospitals, and one very visible CEO lifestyle, then shows how the fallout is now reshaping state and federal oversight of PE in healthcare.
How the fall of Steward Health Care shaped private equity’s presence in hospitals (Healthcare Brew)
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