What Happens when Private Equity Firms take Care of the Elderly?   Not Good News for Grandma

See for yourself about increased mortality rates by over 10%.   See links below.   

 

https://bfi.uchicago.edu/insight/finding/does-private-equity-investment-in-healthcare-benefit-patients-evidence-from-nursing-homes/

 

 

When Private Equity Takes Over a Nursing Home

 

After an investment firm bought St. Joseph’s Home for the Aged, in Richmond, Virginia, the company reduced staff, removed amenities, and set the stage for a deadly outbreak of COVID-19.

 

 

When Private Equity Takes Over a Nursing Home | UC Berkeley Graduate School of Journalism