Billionaire Leon Black walks out of Epstein investigation hearing
Billionaire Leon Black walks out of Epstein investigation hearing, another red flag about Private Equity’s deep ties and how they’re ruining healthcare.
Leon Black, a major Private Equity figure, just walked out of an Epstein-related hearing. This highlights how intertwined Private Equity is with some of the most troubling parts of our system.
Private Equity ownership often prioritizes short-term financial returns, leading to higher healthcare costs, reduced investment in patient care, and business decisions that put profits ahead of long-term health outcomes.
We need greater scrutiny on Private Equity’s growing influence in healthcare, rather than constantly targeting PBMs that help negotiate lower drug costs and keep the system functioning.
This is exactly the kind of ownership model that’s making healthcare worse for regular Americans.