Irish Times reported:
The estimated €115 million that the State will pay each month to use 19 private hospitals during the Covid-19 crisis will go to companies owned by religious orders, foreign investors, two billionaires, a vulture fund and private backers.The Carlyle Group owns one Dublin hospital participating in this arrangement. Carlyle also bought blood plasma software company MAK Systems in February. 60 Minutes did a piece on convalescent plasma treatment for the seriously ill coronavirus patients. With crisis comes opportunity.
Carlyle and its PEU peers have the political chops to get a bipartisan Congress and the Federal Reserve Bank to open Uncle Sam's wallet and save their highly leveraged affiliates. The sweet PEU deals keep coming.
