Nursing homes owned by private equity have higher death rates ...Middle East

Quartz - Economy
Nursing homes owned by private equity have higher death rates
Between 2004 and 2016 there were 20,150 excess deaths in American nursing homes, amounting to an estimated 160,000 lost years of life. The cause wasn’t a pandemic, but private equity.Economists analyzed the mortality of patients in 18,485 nursing homes acquired by private equity companies between 2000 and 2017, versus other forms of for-profit ownership. It found that the likelihood of dying in a nursing home within the first 90 days of being admitted—a measure that’s a proxy for the overall performance of the facility—was 10% higher when the nursing home was owned by private equity.Whether the nursing homes were independent, or part of a chain, it was older patients in better health who had

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