Private equity has steamrolled industry after industry, taking down brands we all know and love, like Toys R Us and Claire's and Sears, and leaving local malls empty. Private equity has bought up hospitals, resulting in worse care for patients, even resulting in patient deaths. They've taken over dentists, office and veterinary clinics, and youth soccer leagues, mobile home communities. But still, it's not enough for them. Now private equity and Wall street billionaires are coming for your 401k. (00:14–00:23)
CLAIM
Asserts that private equity ownership of hospitals leads to worse patient care and deaths.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
