Medical Malpractice

The insurance industry’s profit in our country is higher than ever before.  When a medical corporation harms a patient, that corporation and the insurance company responsible for the harm must pay for the damage they caused. Juries should decide whether the medical corporation fulfilled its duty to prioritize patient safety or instead prioritized its profits. 

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Private equity-owned companies (companies that buy up hospitals, strip them of assets, and pay a skeleton crew of providers) own a higher percentage of hospitals in New Mexico than in any other state in the country. 

 

A Harvard study has shown that hospitals under private equity ownership have significantly higher rates of patient injury, raising concerns about how financial motives may be compromising patient care. When patients are harmed due to these business-driven healthcare practices, they and their families often struggle to find justice.

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This combination puts New Mexico patients at risk.

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At the heart of this issue is the right of patients and their families to pursue justice when they have been wronged by large medical corporations and the insurance companies that support them. No one should face additional hardship after already enduring physical and emotional trauma due to medical negligence. Seeking justice brings closure for victims and sends a strong message that patient well-being must always come before corporate profits. By fighting for accountability and justice, we aim to protect patients' rights and ensure that the healthcare system works in their best interests—not just for corporate gain.

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JAMA Internal Medicine (2020) that explores the effect of private equity acquisition of hospitals, highlighting potential increases in patient injury rates. This study, led by Harvard researchers, found that private equity-owned hospitals often focus on cost-cutting measures, which can compromise patient care.

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Braun RT, Jung HY, Casalino LP, et al. Private Equity Acquisition of Physician Practices and Changes in Health Care Spending and Utilization. JAMA Intern Med. 2021;181(4):599-606. doi:10.1001/jamainternmed.2020.8553.