Private equity ownership of nursing homes linked to lower quality of care, higher Medicare costs
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20 November 2021Private equity ownership of nursing homes linked to lower quality of care, higher Medicare costs
Nursing homes acquired by private equity companies saw an increase in emergency room visits and hospitalizations among long-stay residents and an uptick in Medicare costs, according to a new study from Weill Cornell Medicine investigators. The findings, published Nov. 19 in JAMA Health Forum, suggest that quality of care declined when private equity firms took over the facilities.
