The story of Ralph de la Torre is a particularly sordid example of an oligarch pillaging billions from the healthcare system.

Internal investigators said a number of transactions, including money taken by private equity owners and distributions to ...

Private equity firm Cerberus Capital Management, which owns a stake in grocer Albertsons, and billionaire investor Dean Metropoulos teamed up in an unsuccessful bid for cereal maker WK Kellogg, ...

Until 2020, Steward was owned by Cerberus Capital, a private-equity firm led by Steve Feinberg. In 2010, Cerberus bought a nonprofit chain known as Caritas Christi Health Care for around $250 million.

That deal was orchestrated by Cerberus, the private equity firm that formed Steward in 2010.Cerberus made its original investment — in Carney and five other Boston nonprofits — amid widespread ...

Private equity Cerberus which sold Steward for an $800 million profit, was blamed. Cerberus wouldn't go on the record to us, but provided additional background last fall, ...

Analysts estimate that Albertsons Companies will report an earnings per share (EPS) of $0.52. Investors in Albertsons ...

In April 2020, Cerberus conducted an analysis which found that the hospital chain would need $750 million over the next seven years to execute its business strategy. Steward had recorded a net ...

Private equity has investments in nearly every area of healthcare delivery, ... Cerberus Capital Management netted $800 million during its ownership of for-profit health system Steward Health ...

Here is a breakdown of these three major healthcare private equity bankruptcies: 1. Steward Health Care: The group, backed by private equity group Cerberus Capital Management, filed for Chapter 11 ...

Private equity firms to acquire health care billing and payments firm R1 in $8.9 billion deal. These companies have followed a similar asset-stripping playbook for nursing homes.