Hi,

Profit-driven private equity firms are trying to buy up hospitals, mental health centers, and nursing homes across America.

When private equity takes over health care facilities, it maximizes profits while putting patients, workers, and the sustainability of the facility at risk. Health care should be about health, not corporate profits.

That’s why Senator Ed Markey and Rep. Pramila Jayapal introduced the Health Over Wealth Act.1

Sign the petition: Tell Congress to pass the Health Over Wealth Act to protect patients from private equity vultures.

The Health Over Wealth Act puts safeguards in place to protect workers, patients, and health care quality, access, and safety. It also creates stronger accountability measures for corporate greed in the health care industry.2

When introducing the bill, Rep. Jayapal said, “Private equity firms buying up health care systems is simply bad news for patients, leading to worse health outcomes and higher bills. We have a duty to protect patients from greedy corporations that are prioritizing their bottom line over patient care.”3

Congress must take action against private equity firms now.

Add your name: Protect patients and workers with the Health Over Wealth Act.

Thanks for taking action,

Joey and the team at Demand Progress

Sources:

  1. Office of Senator Ed Markey, “Senator Markey, Rep. Jayapal Introduce Health Over Wealth Act, Setting Guardrails for Private Equity in Health Care,” July 25, 2024.
  2. Ibid.
  3. Ibid.

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