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PBS NewsHour

The impact of private equity's expansion into health care

Season 2025 Episode 91 | 7m 03s

Steward Health Care was once the largest private hospital system in the country. When the private equity-backed network filed for bankruptcy last year, it devastated providers and patients. In Massachusetts, five of the eight Steward-owned hospitals were salvaged by the state and two were shuttered. Economics correspondent Paul Solman went there to see what happened and how.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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