Hospices have become big business for private equity firms, raising concerns about caring for the dying

Yves gentlemen. The expansion of private capital into hospices is quite recent, and it seems that the horror stories have not yet reached us.

Markian Gavrilyuk is a senior Colorado correspondent for Kaiser Health News who has covered health issues for over 25 years, including for the Houston Chronicle, American Medical News and most recently The (Bend, Ore.) Bulletin. Originally posted on Kaiser Health News

Hospice care, once provided primarily by non-profit organizations, has seen a marked change over the past decade, with more than two-thirds of hospices across the country now operating as for-profit organizations. The opportunity to make a quick profit while caring for people in their final days is attracting a new generation of hospice owners: private equity firms.