HMPI

Special Issue: Private Equity in Healthcare

ABOUT THE JOURNAL

Health Management, Policy and Innovation (HMPI) — an independent, peer-reviewed, open-access journal — features actionable, business-based insights to address challenges faced by healthcare organizations worldwide. Published by the Business School Alliance for Health Management (BAHM), HMPI invites original translational research papers, analyses, and commentaries that are written by and for industry practitioners, policymakers, faculty, students, and journalists.

Current Issue: HMPI Volume 9, Issue 2

This special issue of HMPI features new research, analyses and commentaries that illuminate private equity's role in shaping care delivery, patient health outcomes, costs, and the current and future healthcare industry landscape.

NEW RESEARCH: TRENDS, IMPLICATIONS, RECOMMENDATIONS

An Update on Impacts of Private Equity Ownership in Health Care: Extending a Systematic Review

Michael Karamardian, The Wharton School, University of Pennsylvania; Ekta Jagtiani, University of Pennsylvania; Ankit Chawla, IESE Business School; and Ingrid M. Nembhard, The Wharton School, University of Pennsylvania

Private equity ownership is tied to poorer health outcomes, lower process quality, and higher costs for patients and payers, despite improved cost efficiencies and possibly, patient readmissions.

PERSPECTIVES: MANAGEMENT, OPERATIONAL & CLINICAL IMPACTS

Opportunity or Cost: Physician Leaders in Private Equity

Oluwatobi Ogbechie-Godec, APDerm

The decision-making presence of a physician executive is crucial for a practice to capitalize on opportunities to innovate and improve the health and well-being of patients and clinical teams.

Steward Health Care: A Cautionary Tale

Wasan M Kumar, Stanford University School of Medicine

The bankruptcy of the largest U.S. physician-owned hospital system raises questions about its private equity funding, its debt-financed business model, and the future care of its patients.

TEACHING HEALTH MANAGEMENT

Regi’s “Innovating in Healthcare” Cases

Regi, aka Regina E. Herzlinger, is the Nancy McPherson Professor of Business Administration at Harvard Business School and author of bestselling trade books on healthcare. “Regi’s ‘Innovating in Healthcare’ Cases” highlights teaching materials focused on healthcare innovation. In this issue, we highlight an article and related case co-authored by Regi and published in the July-August issue of Harvard Business Review, on how to develop high-growth products in slow-growth companies.