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New report about private equity in home health raises red flag, authors say
The report found that as of early 2023, private equity was behind 5.7%, or about 492, of 8,591 total home health providers. While seemingly small, the actual percentage likely is much higher, given private equity’s lack of transparency, according to Viera. Also, private equity’s presence in highly concentrated markets raises concerns about higher prices, lower quality and less innovation, Moss said. Antitrust regulators need to take notice to curb the spread of these firms in home health, Viera and Moss said.Follow us on social media:Twitter: @McKHomeCareFacebook: McKnight's Home CareLinkedIn: McKnight's Home CareInstagram: mcknights_homecare Follow American Antitrust Institute on social media:Twitter @AntitrustInst Follow Americans for Financial Reform on social media:Twitter: @RealBankReformFacebook: Americans for Financial Reform