-

As Yuma Regional Medical Center Considers Joint Venture with Apollo-owned LifePoint, UNITE HERE Launches Watchdog Website

BALTIMORE--(BUSINESS WIRE)--Today, UNITE HERE published a new website, www.ApolloLifePointWatch.org, to provide Yuma, AZ residents with information about LifePoint Health, a for-profit hospital chain owned by private equity giant Apollo Global Management.

Recently, the Yuma Regional Medical Center (YRMC) announced it is exploring forming a joint venture with Apollo-owned LifePoint, which could result in for-profit LifePoint becoming the hospital’s majority owner.

“Yuma community members deserve to know the facts about LifePoint and Apollo. We hope this site will be a resource as they consider if for-profit, private equity ownership is right for their hospital,” said Michael Hachey, a research analyst for UNITE HERE.

The website provides links to press accounts regarding LifePoint’s track record at other facilities, including reports of LifePoint cutting healthcare services at its hospitals in Wyoming and healthcare workers protesting LifePoint’s staffing levels in Idaho and Washington.

The website also links to information regarding the broader impact of private equity ownership in the healthcare industry. Private equity firms’ aggressive financial practices in the pursuit of short-term profits could conflict with the interests of patients and communities. A recent study of private equity ownership in nursing homes found that private equity ownership increased the short-term mortality of Medicare patients by 10%. The study also found increased costs to taxpayers, declines in nursing staff, and increased spending on monitoring fees, interest, and lease payments.

UNITE HERE is a labor organization that represents hospitality workers throughout the United States and Canada. www.unitehere.org

Contacts

UNITE HERE
Michael Hachey, (703) 344-4778, mhachey@unitehere.org

Industry:

UNITE HERE

Release Summary
UNITE HERE launched www.ApolloLifePointWatch.org to provide Yuma, AZ residents with information about Apollo Global Management-owned LifePoint Health
Release Versions
English
$Cashtags
$APO
Hashtags
#LifePoint
#Yuma

Contacts

UNITE HERE
Michael Hachey, (703) 344-4778, mhachey@unitehere.org

More News From UNITE HERE

UNITE HERE Wants Clean Air Without the Fees at Curator Collection Hotels

NEW YORK--(BUSINESS WIRE)--UNITE HERE, the union for hotel workers in the United States and Canada, wants every guest to have a hotel room with fresh air, free and clear. That’s why the union has launched a new page on its website, www.CuratorCollectionCon.org, to ask why the Curator Hotels & Resorts Collection has partnered with FreshAir Sensor, an air-monitoring company that advocates charging guests extra to ensure “certified” clean air in their hotel rooms. The “Curator Collection Con”...

Hotel Workers’ Union Fights “Resort Fee Ripoff,” Launches Website to Help Guests Avoid Unfair Fees at Curator Collection hotels

NEW YORK--(BUSINESS WIRE)--UNITE HERE, the union for hotel workers and a critic of resort fees in the hospitality industry, is launching a website that shines a light on the prevalence of these unpopular and sneaky fees at hotels that make up the Curator Hotel & Resort Collection. Curator is a so-called “soft brand” of approximately 75 boutique and resort hotels and is majority-owned by real estate investors Pebblebrook Hotel Trust (NYSE: PEB). CuratorCollectionCon.org alerts guests booking...

OTG Workers Represented by UNITE HERE Allege Systematic Wage and Hour Violations at Private Equity Owned Airport Concessionaire

PHILADELPHIA--(BUSINESS WIRE)--OTG workers at the Philadelphia Airport filed over 50 complaints alleging multiple violations of Philadelphia's local wage and hour laws....
Back to Newsroom