There has been increased reporting recently on the damage private equity firms have done to rural hospitals as well. https://perfectunion.us/a-place-to-die-for

There has been increased reporting recently on the damage private equity firms have done to rural hospitals as well. https://perfectunion.us/a-place-to-die-for-profit-health-care-crises-exposed/ https://perfectunion.us/a-place-to-die-for-profit-health-car... > What they often do is form a corporation or an LLC or any kind of corporate form, and the legal owner will be the corporate form, not the true owners. So they have insulated themselves from any connection between the operations and the health care and themselves. > Often we see the actual property that the health facility is on put into a separate LLC and—owned by the same owners, of course—however, they then lease themselves that building. There’s also various ways that they can further vertically integrate through pharmacies, through staffing companies, through housekeeping and hospitality companies. > All of these can be owned by the same individuals theoretically but placed into separate corporate forms and transact in business with one another. And so really it’s just kind of musical chairs of moving money around from one pocket to another.