In the early days of the coronavirus’ arrival in the U.S., nursing homes quickly became epicenters for the pandemic. By mid-July, 51,000 residents of long-term care facilities had died, representing approx. one-quarter of the total deaths in the U.S. (1/4)
arnoldventures.org/stories/hotspo…
arnoldventures.org/stories/hotspo…
Pre-pandemic, private equity-owned long-term care facilities were short-staffed & provided a lower quality of care. According to a Gupta study, the total nursing & staff hours fell by 1.4 & 2.4 %, mostly driven by cuts to those providing “front line” care like CNAs and LPNs (2/4)
The way #Medicare and #Medicaid pay for nursing home coverage gets exploited by bad actors, creating a game of hot potato between the nursing homes and hospitals for people that are eligible for both programs. (3/4)
More evidence is necessary to understand the ways that #privateequity is operating in this market. Not only is transparency necessary, but policymakers and lawmakers also need a better understanding of the impact of these investments on quality and costs. (4/4) @ariellemir02 
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