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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 ,

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 ,

Buy and Bust: When Private Equity Comes for Rural Hospitals

Noble Health swept into two small Missouri towns promising to save their hospitals. Within 2 years after taking millions in federal COVID relief and big administrative fees it locked the doors. ....

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 ,