Assisted living (AL) is a widely used long-term care option, serving nearly 1 million older adults across more than 32 000 US facilities. While growing private equity (PE) investment in nursing homes raises concerns about staffing and quality of care, the role of PEs in AL is unknown. As demand for long-term care grows, understanding who is acquiring AL facilities is critical. This study examines trends in PE acquisitions of AL facilities. The study identified 252 PE acquisitions involving 912 AL facilities. A majority of deals (172 [68.2%]) involved a single AL; only 20 acquisitions (7.9%) included more than 5 AL facilities.
Read the full article: Trends in Private Equity Acquisitions of Assisted Living Facilities //
Source: https://jamanetwork.com/journals/jamanetworkopen/fullarticle/2841451