This week, the Washington State Health Care Authority said 9.9% of Washington’s hospitals are owned by private-equity companies.
OLYMPIA, Wash. — Washington’s Health Care Authority (HCA) says the state has seen a “substantial growth” in hospitals owned by private-equity investor groups in recent years, a shift occurring alongside health care costs that continue to outpace wages, economic growth and inflation.
This week, the HCA said 9.9% of Washington’s hospitals are owned by private-equity companies. Between 2014 and 2019, 97 health care acquisitions were made by such firms.
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The agency shared
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