HCA, Giant Hospital Chain, Creates a Windfall for Private Equity
Under private equity ownership, HCA made an aggressive push for more revenue that sometimes led to conflicts with doctors and nurses over patient care.
Many doctors interviewed at various HCA facilities said they had felt increased pressure to focus on profits under the private equity ownership. “Their profits are going through the roof, but, unfortunately, it’s occurring at the expense of patients,” said Dr. Abraham Awwad, a kidney specialist in St. Petersburg, Fla., whose complaints over the safety of the dialysis programs at two HCA-owned hospitals prompted state investigations.
See on www.nytimes.com
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