
Profit Over Patients: How Private Equity Gutted a US Hospital Chain
A US hospital chain, once a beacon of care, has crumbled under the weight of private equity's profit-driven model. Al Jazeera's Fault Lines and Mother Jones' investigation reveals how the pursuit of profit led to devastating consequences for patients and families. One father, Nabil, recounts the tragic loss of his wife, Sungida, who died from postpartum hemorrhage just hours after giving birth. The hospital, owned by Steward Health Care, lacked essential equipment due to cost-cutting measures. "The future that I wanted imploded on me," Nabil shares, expressing his shock and grief. This case is not isolated; nearly a quarter of for-profit hospitals in the US are owned by private equity firms, raising serious concerns about the quality and accessibility of healthcare.