Why Private Equity Is Buying Hospitals & Shutting Them Down
Published at : 23 Dec 2025
Last month, a woman showed up to a hospital in Pennsylvania with a barely breathing baby — only to find the hospital closed.
Why? The hospital's owner sent millions to private equity investors instead of investing in healthcare.
Now patients and workers are paying the price. ----- More Perfect Union’s mission is to build power for working people. Here’s what that means:
We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions.
We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems.