Whitehouse, Grassley Launch Hospital Private Equity Inquiry

Senate Budget Committee Chairman Sheldon Whitehouse (D-RI) and ranking Republican Chuck Grassley (IA) on Thursday (Dec. 7) opened a bipartisan investigation into the effects of private equity ownership on hospitals, the same day the White House unveiled a new set of policies aimed at unpacking private equity’s impact on health care overall. “As private equity has moved into health care, we have become increasingly concerned about the associated negative outcomes for patients,” Whitehouse said. “From facility closures to compromised care,...