Washington, March 26 -- Congresswoman Mary Gay Scanlon issued the following press release:
Congresswoman Mary Gay Scanlon (PA-05) and Senator Chris Murphy (D-CT) this week introduced the Take Back Our Hospitals Act, legislation that would prohibit private equity firms from owning hospitals and skilled nursing facilities. The bill responds to a growing crisis driven by private equity's takeover of health care providers across the country-a model that has produced higher prices, worse care, mass layoffs, and a record wave of health care bankruptcies, stripping communities of the hospitals they depend on.
Rep. Scanlon has led a continuing effort to sound the alarm on private equity's takeover of medicine. Shortly after she took office, Rep. ...