A former CCMP Capital Partners PEU, Nancy Ann DeParle joined HCA's Board of Directors. DeParle served as the key architect of PPACA in the Obama White House. The White House did deals with hospitals and big pharma.
Another key PPACA architect Senator Max Baucus was appointed U.S. Ambassador to China, land of quality debacles and payola. Sometimes the reward comes up front, other times it's given afterwards.
The DeParle's and Baucus' deliver for PEU's and PEU's happily return the favor. Sometimes the parent does the gifting, other times it's the affiliate.
Update 2-19-21: Nancy Ann Deparle had a banner payday after Consonance Capital sold
Enclara Healthcare to Humana in 2020. Enclara is "one of the nation's
largest hospice and benefit management providers." Yet, Humana intends
to spin off Kindred Hospice as it prefers a partnership model for end of
life care.
