The likelihood of dying in a nursing home within the first 90 days of being admitted was 10% higher when the nursing home was owned by private equity (PE). This equals about 20,150 lives lost due to PE ownership between 2004 and 2016. Consumers at PE-owned nursing homes more frequently suffered from reduced mobility following admission to the facility. Medicare reimbursements for all services and equipment provided to Medicare recipients increased 11% within 90 days of admission. Overall, the number of employees at nursing homes declined 1.4% after a facility was acquired by PE companies. Nurses spent . . .
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