HEALTHJun 9 · 14:29 UTCNC NEWSLINEAnna Claire Vollers

After nursing home crises, states target private equity’s role

Private equity-backed Genesis HealthCare faces lawsuits and investigations in multiple states over allegations of patient neglect and abuse at nursing homes. Connecticut and other states have enacted laws to increase transparency and restrict private equity control in healthcare, responding to crises like Legionella outbreaks and fire safety failures. Federal Medicaid cuts and limited oversight have intensified scrutiny of private equity's role in nursing home operations.

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Mentioned

Genesis HealthCareorganizationConnecticutplaceVermontplaceLegionella bacteriatopicMedicaidtopicprivate equitytopicSt. Joseph’s Center nursing homeorganizationQuinnipiac Valley Centerorganization

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