Hospices Have Become Big Business for Private Equity Firms, Raising Concerns About End-of-Life Care

Yves here. The expansion of private equity into hospices is sufficiently recent that it appears the horror stories have not yet caught up.

By Markian Hawryluk, Senior Colorado Correspondent for Kaiser Health News, who has reported on health care for more than 25 years, including for the Houston Chronicle, American Medical News, and, most recently, The (Bend, Ore.) Bulletin. Originally published at Kaiser Health News

Hospice care, once provided primarily by nonprofit agencies, has seen a remarkable shift over the past decade, with more than two-thirds of hospices nationwide now operating as for-profit entities. The ability to turn a quick profit in caring for people in their last days of life is attracting a new breed of hospice owners: private equity firms.