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Private Equity Took Over a Hospital. Then It Shuttered.

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Manage episode 504466562 series 3208963
Content provided by The Wall Street Journal and Spotify Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal and Spotify Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Get more information about our first-ever live show here! Tickets go on sale Friday, September 5 at 10am ET.

A hospital in Chester, Pennsylvania was acquired by a private equity firm that leveraged it to make shareholders millions. Now the facility has had to close its doors, leaving the community reeling. WSJ's Soma Biswas takes us inside the hospital’s bankruptcy and Jessica Mendoza speaks to a local emergency services executive about the impact on the local community in Chester.

Further Listening:

- Why Private Equity Is Buying Up Car Washes

- The Private Equity Lobby Wins Again

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1580 episodes

Artwork
iconShare
 
Manage episode 504466562 series 3208963
Content provided by The Wall Street Journal and Spotify Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal and Spotify Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Get more information about our first-ever live show here! Tickets go on sale Friday, September 5 at 10am ET.

A hospital in Chester, Pennsylvania was acquired by a private equity firm that leveraged it to make shareholders millions. Now the facility has had to close its doors, leaving the community reeling. WSJ's Soma Biswas takes us inside the hospital’s bankruptcy and Jessica Mendoza speaks to a local emergency services executive about the impact on the local community in Chester.

Further Listening:

- Why Private Equity Is Buying Up Car Washes

- The Private Equity Lobby Wins Again

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1580 episodes

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