Using the False Claims Act to Hold Private Equity Accountable
18 July 2024. Whistleblower attorneys Eva Gunasekera and Jaclyn Tayabji discuss “The Good, The Bad And The Ugly” of private equity in healthcare and how the False Claims Act is the government’s primary tool to enforce fair dealing in their recent Law360 Expert Analysis article.
Private equity’s influx of capital into healthcare can drive innovation and introduce new resources; however, this profit-driven approach raises concerns about potential conflicts with patient-first values due to debt accumulation. The False Claims Act serves as a crucial mechanism for maintaining healthcare integrity and preventing private equity firms from prioritizing profit over patient care. Eva Gunasekera and Jaclyn Tayabji wrote,
With the proper guardrails and oversight, private equity can serve the ideals and goals of accessible and innovative healthcare.