Mass policymakers seek guardrails for private equity involvement in health care wbjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wbjournal.com Daily Mail and Mail on Sunday newspapers.
The hearing about private investments in health care focused primarily on the financial challenges facing Steward Health Care, one of the nation's largest private, for-profit hospital chains, and the uncertain fate of its nine Massachusetts facilities.
The Joint Committee on Health Care Financing will hold an oversight hearing on the effects of private equity ownership and investment in health care on Monday.
As policymakers this week examine a law meant to keep healthcare cost growth within sustainable bounds, a new report makes clear that the healthcare sector has a double-sided problem the cost of care is pushing it out of reach for many Massachusetts residents and draining the wallets of others, but profitability is down at hospitals across the state.