Description
Book SynopsisRevealing the dark truth about the impact of predatory private equity firms on American health care. Won Gold from the Axiom Book Award in the Category of Business Ethics, the Benjamin Franklin Awards by the Independent Book Publishers Association and the North American Book Award in the Catergory of Business Finance, Finalist of the American Book Fest Best Book Social Change and Current Events by the American Book FestPrivate equity (PE) firms pervade all aspects of our modern lives. Unlike other corporations, which generally manufacture products or provide services, they leverage considerable debt and other people's money to buy and sell businesses with the sole aim of earning supersized profits in the shortest time possible. With a voracious appetite and trillions of dollars at its disposal, the private equity industry is now buying everything from your opioid treatment center to that helicopter that helps swoop you up from a car crash site. It may even control how and when you ca
Table of ContentsAcknowledgments
Introduction. Hiding in Plain Sight
Chapter 1. Who Even Are They? Private Equity from Soup to Nuts
Chapter 2. The Emergence of the Alternative Asset Class
Chapter 3. Consolidating Health Care
Chapter 4. It's between Me and My Doctor?
Chapter 5. Drilling for Gold: Corralling Dentists
Chapter 6. Frail Elderly and Children: Homecare and Hospice
Chapter 7. Public Crisis, Private Gain: Substance Abuse and Eating Disorders
Chapter 8. Capitalizing on Children with Autism Spectrum Disorders
Chapter 9. Hijacking an Industry: Medical Ambulances and Emergency Air Transport
Conclusion. Infiltrating Our Health Care System
Appendix. Selected Private Equity Firms Buying Health Care Businesses
Abbreviations
Glossary
Notes
Bibliography
Index