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Quick Take What does this mean for Watsonville patients and the the community? According to Eileen Applebaum, an economist who studies private equity firms and the co-director at the Center for Economic and Policy Research, “there doesn’t seem to be any evidence that patients are worse treated” at hospitals where private equity firms like Leonard Green are major investors in hospital companies, as is now the case in Watsonville. ”But what we do see is that [if the firm] thinks an operation is not paying its way, they will close it at that particular hospital,” she said, explaining that certain patient services might be reduced or shut down. “They will say: Well, there’s another hospital, it’s only another 50 miles [away]. [You] want to deliver your baby, go there.”

Watsonville community hospitalUnited statesRhode islandPajaro valleySanta cruz countyLos angelesFrank williamsJeremy rosenthalEileen applebaumDavid ghilarducciLeonard greenCharles pooleWatsonville communityCommunity health systems incQuorum healthHealthcare inc