Private-Equity Firm Said to Prioritize Profit Over Patients
TPG’s Avenue Healthcare Parklands hospital in Nairobi, Kenya’s capital.
Photographer: Eduardo Soteras/Bloomberg
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When one of the world’s biggest private-equity firms took over a number of hospitals and clinics in Africa and Asia in 2019, it told investors like the Gates Foundation, the World Bank and Bono that it was intent on broadening access to high-quality health care.