The Blackstone Group

Physician staffing firm has sued thousands of Tennessee patients for medical debt

Memphis skyline
Memphis skyline. Photo: Visions of America/Education Images/Universal Images Group via Getty Images

An emergency room staffing firm owned by TeamHealth has filed thousands of lawsuits against patients in Memphis in the last few years, ProPublica and MLK50 report.

Why it matters ... This is a collision of two storylines: the aggressive billing practices of private equity-backed health care companies, and providers' decision to take patients to court to collect their medical debts.

Blackstone Group buys majority stake in Bumble parent company

Illustration: Rebecca Zisser/Axios

The Blackstone Group agreed to buy a majority stake in Magic Lab, the owner of dating apps Bumble and Badoo, at an enterprise value of around $3 billion.

Why it matters: This represents a heartbreaking loss for Match Group, whose love/hate relationship with Magic Lab has included both takeover efforts and lawsuits. Now Match will be forced to watch as Magic Lab and Blackstone get more serious, likely leading to an IPO ceremony.