The ownership of a hospital should not impact a patient’s potential outcomes after admittance. However, a study of 51 hospitals’ data shows private equity investment has corresponded with a significant increase in adverse events during treatment at those facilities for Medicare patients.
According to research by Dr. Zirui Song from Harvard and Joseph Dov Bruch from the University of Chicago, hospitals owned by private equity firms between 2009 and 2019 experienced the following outcomes:
- a 25% increase in surgical infections and bed sores;
- 38% more central line infections;
- and a 27% increase in patient falls.
Dr. Song and Dr. Bruch looked at data involving Medicare patients as there are key preventable adverse events that the Centers for Medicare & Medicaid Services tracks. An overabundance of these outcomes could result in the hospital paying fines to the government.
Staffing cuts and other changes that impacted hospital quality have led to increases in these adverse events at the same time as industry-wide declines in preventable cases, according to research published in the Journal of the American Medical Association, more commonly known as JAMA.
Our medical malpractice team is very familiar with the relationship between quality of care and patient outcomes. We have represented hundreds of clients in medical malpractice and negligence cases, with hundreds of millions of dollars in combined results. For example, at the end of 2023, Founding Partner Stephan D. Blandin and his team won a $40 million verdict against a local hospital for a birth injury that created life-long complications for our client.
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Disclaimer: The content found on this page is not legal assistance and contacting the medical malpractice lawyers at Romanucci & Blandin’s law office for a free consultation regarding personal injury cases and medical malpractice claims does not constitute an attorney-client relationship.
- Founding Partner
Stephan D. Blandin learned early that you must work hard and fight for what’s most important. He attended Chicago for public grammar and high school and started working when he was 12 and has been working hard since then. He left home ...
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