News Article

Consumer Voice Highlights Dangers of Private Equity Nursing Home Ownership in Letter

June 10, 2024

Last week, Consumer Voice sent a letter, in response to a Request for Information (RFI), to the Department of Justice, Department of Health and Human Services, and the Federal Trade Commission regarding corporate greed in nursing home care.  It is indisputable that private equity investment (PE) has impacted nursing home care in the United States. Private equity investment is just an acute symptom of a chronic disease that has plagued nursing homes for decades and that is profiteering over patient care. Consumer Voice's responses to the RFI focused on: the conditions that made nursing home ownership attractive to PE; the effect of PE ownership on nursing home care; and recommendations to make the nursing home sector a less attractive investment for PE and other unscrupulous private investors.

Read our letter.