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For years, private equity has systematically taken over health systems nationwide, claiming they can cut costs while maintaining quality care. The results have been devastating. Nursing home mortality rates have spiked, emergency services have been gutted in rural communities, and hospitals have closed in neighborhoods that need them most.

Now the same playbook is being unleashed on New York. Unless we stop it, the damage will be just as destructive.

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In nursing homes, private equity ownership has been linked to reduced quality of care even while Medicare costs increased. In hospitals, private equity ownership has led to mass layoffs, service cuts, increases in dangerous falls and infections for patients, and hospital closures in vulnerable

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