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Buy and Bust: When Private Equity Comes for Rural Hospitals

Private equity's emphasis on profit is “not necessarily great for the patient.” ....

Fort Scott , United States , Callaway County , Audrain County , Callaway Community Hospital , Kansas City , Jeff Morris , Dee Tate , Kayla Schudel , Lou Leonatti , Peterson Linkedin , Donaldr Peterson , Joe Corrado , Philip Krause , Rosemary Batt , Tom Carter , Melissa Upshaw , Cory Countrymansaid , Nancy Mays , Eileen Ogrady , Robert Salcido , Dana Keller , Don Peterson , Shahid Waheed , Sarah Jane Tribble , Noble Health Services ,

When private equity came for two rural Missouri hospitals

Dr. Joe Corrado saw his hospital being whittled away. Supplies for surgery disappeared, crucial medicines went unstocked, paychecks never came, he said. Just days before Noble suspended operations, he told management: “We don’t have the ability to do the things we need to take care of patients.” ....

Fort Scott , United States , Callaway County , Audrain County , Callaway Community Hospital , Kansas City , Jeff Morris , Dee Tate , Kayla Schudel , Lou Leonatti , Peterson Linkedin , Donaldr Peterson , Joe Corrado , Philip Krause , Rosemary Batt , Tom Carter , Melissa Upshaw , Joe Martinez , Cory Countrymansaid , Nancy Mays , Eileen Ogrady , Robert Salcido , Dana Keller , Don Peterson , Shahid Waheed , Noble Health Services ,

Buy and bust: when private equity came for two rural Missouri hospitals

Dr. Joe Corrado saw his hospital being whittled away. Supplies for surgery disappeared, crucial medicines went unstocked, paychecks never came, he said. Just days before Noble suspended operations, he told management: “We don’t have the ability to do the things we need to take care of patients.” ....

Fort Scott , United States , Callaway County , Audrain County , Callaway Community Hospital , Kansas City , Jeff Morris , Dee Tate , Kayla Schudel , Lou Leonatti , Peterson Linkedin , Donaldr Peterson , Joe Corrado , Philip Krause , Rosemary Batt , Tom Carter , Melissa Upshaw , Joe Martinez , Cory Countrymansaid , Nancy Mays , Eileen Ogrady , Robert Salcido , Dana Keller , Don Peterson , Shahid Waheed , Sarah Jane Tribble ,

Private equity investors targeted rural hospitals

MEXICO, Mo. When the new corporate owners of two rural hospitals announced they would stop admitting patients one Friday in March, Kayla Schudel, a nurse, stood resolute in the nearly empty lobby of Audrain Community Hospital: "You'll be seen; the ER is open." ....

Fort Scott , United States , Callaway County , Audrain County , Callaway Community Hospital , Kansas City , Jeff Morris , Dee Tate , Kayla Schudel , Lou Leonatti , Peterson Linkedin , Donaldr Peterson , Philip Krause , Joe Corrado , Rosemary Batt , Tom Carter , Nancy Mays , Melissa Upshaw , Eileen Ogrady , Robert Salcido , Dana Keller , Don Peterson , Shahid Waheed , Noble Health Services , Noble Health , Human Service Office Of Inspector ,

Buy and Bust: When Private Equity Comes for Rural Hospitals

MEXICO, Mo. When the new corporate owners of two rural hospitals suddenly announced they would stop admitting patients one Friday in March, Kayla Schudel, a nurse, stood resolute in the nearly empty lobby of Audrain Community Hospital: “You’ll be seen; the ER is open.” The hospital with 40 beds and five clinics ....

Fort Scott , United States , Callaway County , Audrain County , Callaway Community Hospital , Kansas City , Jeff Morris , Dee Tate , Kayla Schudel , Lou Leonatti , Peterson Linkedin , Donaldr Peterson , Joe Corrado , Philip Krause , Rosemary Batt , Tom Carter , Melissa Upshaw , Cory Countrymansaid , Nancy Mays , Eileen Ogrady , Robert Salcido , Dana Keller , Don Peterson , Shahid Waheed , Noble Health Services , Noble Health ,