Skilled Nursing News March 19, 2020
Officials had already expressed concerns about the rise of private equity investment in skilled nursing facilities, citing a lack of transparency and concerns over quality.
Then the coronavirus crisis hit.
As nursing home operators struggle to fight back a disease described as “almost a perfect killing machine for the elderly,” several resident advocates raised worries about the strategies that private equity firms employ upon taking over facilities — and recently released research appears to back up some of their arguments.
A study from researchers at the University of Pennsylvania’s Wharton School, NYU-Stern, and the University of Chicago found that a variety of metrics — from the number of staff...
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