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Let's talk about private equity in health care

Let’s Talk New Mexico, 5/1, 8a: New Mexico has the highest proportion of private equity- owned hospitals in the country at 38% — the national average is 8%, according to the Moreover, we’ve been named most at risk of further private equity takeovers.

Studies from and the among others, have shown that when profit is the main focus in health care, , prices and services or staff . That is why lawmakers recently passed legislation providing oversight of and regulation on hospital ownership transactions. However, there can be benefits as well. When small rural hospitals get new owners with deep pockets, they can use the better funding to improve services.

This week on Let’s Talk New Mexico we’re talking about the role of private equity in healthcare. We’ll talk to the lawmakers who worked on that oversight legislation for over a year, and industry representatives about the different ways for-profit health care can affect communities around the state. And we want to hear from you! Do you agree with regulating hospital ownership, or do you think it disincentivizes investment when we’re already in a health care access crisis? Send us an email at letstalk@91°µÍø.org, leave a voice message by clicking below, or call in live Thursday morning at 8 and share your thoughts.

GUESTS:

NM Sen. (D-Bernalillo), Sponsor Senate Bills (2024) and (2025)

NM House Majority Leader, Rep. (D-Santa Fe), Sponsor

Troy Clark, President,

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Daniel Montaño is a reporter with 91°µÍø's Public Health, Poverty and Equity project. He is also an occasional host of Morning Edition, All Things Considered, and Let's Talk New Mexico since 2021, is a born and bred Burqueño who first started with 91°µÍø about two decades ago, as a production assistant while he was in high school. During the intervening years, he studied journalism at UNM, lived abroad, fell in and out of love, conquered here and there, failed here and there, and developed a taste for advocating for human rights.
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