Private equity might dodge state laws by partnering with healthcare nonprofits

Private equity firms may be circumventing state regulations by forming partnerships with healthcare nonprofits, as seen in Washington state where a local hospice partnered with a private equity-backed home health company. This "joint venture" structure allows these firms to avoid stringent state laws, raising concerns about the impact on patient care and local healthcare services. The implications extend beyond compliance, potentially affecting the quality and accessibility of healthcare, and spotlight a broader trend where financial interests reshape the nonprofit sector's mission and operations.