Private equity is gobbling up large parts of the US nursing home business. This puts patients in danger since private equity can amass lots of money, create an oligopoly, and get away with abuses. The study suggests that “regulation may be needed.” I will take a stronger stand and call for firm limits — perhaps […]
Private equity is gobbling up large parts of the US nursing home business. This puts patients in danger since private equity can amass lots of money, create an oligopoly, and get away with abuses. The study suggests that “regulation may be needed.” I will take a stronger stand and call for firm limits — perhaps […]
When private equity firms buy US hospitals, the hospitals become worse. *The [private] equity firms cut corners, slash services, lay off staff, lower quality of care, take on substantial debt, and reduce charity care, leading to lower ratings and more medical errors, the [two] reports collectively find.*