Private equity ownership of US hospice centers boomed in recent years – study

Investors spent about $1tn buying healthcare facilities over last decade, leading to reports of worsening patient care

Private equity investors are increasingly buying up hospice centers - healthcare facilities meant to focus on pain relief and emotional support for people near the end of their lives.

The new study was published in the journal Health Affairs and provides more evidence of how private equity have acquired firms using often sophisticated and opaque ownership structures.