Private equity firms were responsible for a significant number of healthcare sector bankruptcies last year, and another round of bankruptcies is anticipated in 2024. Nearly all of the financially strained healthcare companies in the United States are under private equity ownership, according to a report from the nonprofit Private Equity Stakeholder Project (PESP), which analyzes the impact of private equity ownership across multiple industries. PESP reported that last year, private equity-backed companies accounted for at …
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