Briloff, Abraham J.; Briloff, Leonore A. - In: International Journal of Economics and Accounting 4 (2013) 1, pp. 1-21
The tale of Hospital Corporation of America (HCA) is a cautionary lesson concerning the exploits of private equity … entities, who aided-and-abetted by insiders, reduced a healthy and vibrant corporation (HCA) into a crippled debt-laden basket …-case. Perhaps, the best analogy is one of a vampire, whereby real assets were drained from HCA through a complex of charges for fees …