Warehoused and Written Off: How Private Equity Turned America's Nursing Homes Into Profit Centers and Left Elders to Pay the Price
Over the past two decades, private equity firms have quietly acquired hundreds of nursing home chains across the United States, stripping assets, gutting staffing, and engineering financial structures that extract profit while insulating investors from accountability. The human cost — measured in preventable deaths, infection rates, and the quiet indignity of understaffed facilities — is a direct consequence of allowing Wall Street to treat elder care as a yield-generating asset class.
