Private Equity Took Over a Hospital. Then It Shuttered.

The Journal.

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A hospital in Chester, Pennsylvania was acquired by a private equity firm that leveraged it to make shareholders millions. Now the facility has had to close its doors, leaving the community reeling. WSJ's Soma Biswas takes us inside the hospital’s bankruptcy and Jessica Mendoza speaks to a local emergency services executive about the impact on the local community in Chester. 


Further Listening: 


- Why Private Equity Is Buying Up Car Washes

- The Private Equity Lobby Wins Again


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Learn more about your ad choices. Visit megaphone.fm/adchoices

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Get more information about our first-ever live show here! Tickets go on sale Friday, September 5 at 10am ET.


A hospital in Chester, Pennsylvania was acquired by a private equity firm that leveraged it to make shareholders millions. Now the facility has had to close its doors, leaving the community reeling. WSJ's Soma Biswas takes us inside the hospital’s bankruptcy and Jessica Mendoza speaks to a local emergency services executive about the impact on the local community in Chester. 


Further Listening: 


- Why Private Equity Is Buying Up Car Washes

- The Private Equity Lobby Wins Again


Sign up for WSJ’s free What’s News newsletter

Learn more about your ad choices. Visit megaphone.fm/adchoices

2025-09-04 16 min
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