Fact Sheet: Stop Private Equity-Owned Nursing Homes from Extracting Profits at the Expense of Care
Private equity firms have bought up thousands of nursing homes across the country, lowering the quality of care and harming residents.
Tag Archives: nursing homes
Report: The Deadly Combination Of Private Equity And Nursing Homes During A Pandemic
New Americans for Financial Reform Education Fund report found that private equity owned and backed nursing home chains have higher resident infection and death rates and a larger share of Coronavirus cases and deaths compared to their share of residents relative to for-profit, non-profit, and public facilities in New Jersey.
News Release: Private equity-backed nursing homes do worse during pandemic for residents and staff
Private equity-owned and -backed nursing homes had higher COVID-19 infection and fatality rates for residents, and those same facilities had a disproportionate share of the COVID-19 resident and staff cases and deaths relative to public, non-profit, and other for-profit nursing homes in New Jersey, according to a new report from Americans for Financial Reform Education Fund (AFREF).