Medicare spending rises after private equity buys hospices
A study of for-profit hospices acquired by private equity firms found that Medicare spending rose by 5.9% per hospice stay after acquisition, compared with similar for-profit hospices that weren't acquired. The increase was driven mainly by longer stays, with the average length of stay rising by 6.3

<p>A study of for-profit hospices acquired by private equity firms found that Medicare spending rose by 5.9% per hospice stay after acquisition, compared with similar for-profit hospices that weren't acquired. The increase was driven mainly by longer stays, with the average length of stay rising by 6.3</p>