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The Nation on MSNRalph de la Torre: The Making of a Healthcare OligarchThe story of Ralph de la Torre is a particularly sordid example of an oligarch pillaging billions from the healthcare system.
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, ...
Internal investigators said a number of transactions, including money taken by private equity owners and distributions to ...
After private-equity firms acquire hospitals, the facilities’ assets and resources diminish, leaving them less able to care for patients, says a new study in the Journal of the American Medical ...
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Senate report: How private equity ‘gutted’ dozens of U.S ... - MSNThat 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 ...
Analysts estimate that Albertsons Companies will report an earnings per share (EPS) of $0.52. Investors in Albertsons ...
Steward Health Care was once the largest private hospital system in the country. When the private equity-backed network filed for bankruptcy last year, it devastated providers and patients. In ...
Like vampires, private equity firms are sucking the resources out of America's hospitals and nursing homes, and feeding on doctors to generate profits.
She's talking about what happened at her hospital after purchase by a private equity firm Cerberus, which created a subsidiary, Steward Health Care, to run eight struggling Massachusetts hospitals.
The country's largest private, for-profit hospital chains paid out most of a $790 million dividend to the $60 billion private equity firm.
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 ...
Senate report: How private equity ‘gutted’ dozens of U.S. hospitals Thanks to modern tricks of financial engineering, investors can prosper even when the underlying business is failing.
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