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It's an unsustainable business model for profit.
"In 2005, private equity-owned firms owned less than 1 percent of skilled nursing facilities. By 2015, they owned 9 percent; the share is likely higher today.
Purchases of nursing homes by private equity firms are associated with higher patient mortality rates, fewer caregivers, higher management fees, and a decline in patient mobility."
https://www.nber.org/digest/202104/how-patients-fare-when-private-equity-funds-acquire-nursing-homes
Squeezing profit out of the end of elderly people's lives is an extra special level of disgusting
Private equity tries not to ruin anything it touches challenge (impossible)