New Mexico is the most vulnerable U.S. state in terms of susceptibility to predatory investment practices. That’s one of the conclusions of a report released this morning by the Joint Economic Committee, which is chaired by New Mexico senator Martin Heinrich.
New Mexico was ranked the state most threatened by the negative impacts of private equity firms, mainly due to the role those companies play in the state’s healthcare system.
About 25 percent of hospitals and about 35 percent of nursing homes in the state are private equity-controlled. Those numbers were supplied to Heinrich’s committee by the Private Equity Risk Index.
