The Big Take

Takeaways From Bloomberg Investigation of Hospitals Owned by TPG

After a private equity giant was brought in to manage facilities in Africa and Asia, complaints piled up.

TPG’s Evercare Hospital in Lahore, Pakistan.

Photographer: Shah Zaman/Bloomberg

Development agencies led by the World Bank have invested billions of dollars in for-profit hospitals in Africa and Asia over the past two decades to make health care more accessible. But a Bloomberg News investigation has found the companies that run the hospitals have sometimes failed to deliver on that promise.

The first part of the series, published in January, focused on accounts of patients who said they were denied care and held because of unpaid bills. Reporters found troubling stories, including that of a mother in Uganda who had to wait for 45 minutes as her baby struggled to breathe until a credit card to pay for her care could be delivered. A patient in the Philippines said some of his medications were cut off and he was kept at the hospital for a week until he made arrangements to settle an $11,000 bill.