Centers for Medicare and Medicaid Services

Private Equity Firm ReGen Healthcare Invests $100M in Failing Genesis Healthcare, Beginning Four-Year Collapse to Bankruptcy

2021-03-01 00:00:00 +0000 UTC | Importance: 8/10

Genesis Healthcare, once the largest skilled nursing operator in the United States, narrowly avoids bankruptcy by accepting a $100 million investment from Joel Landau’s private equity firm ReGen Healthcare LLC, which receives 93% equity stake and two board seats in exchange. Genesis’ …

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NBER Study Reveals Private Equity Nursing Home Ownership Increases Mortality 10%, Causes 20,000 Excess Deaths

2020-12-14 00:00:00 +0000 UTC | Importance: 9/10

National Bureau of Economic Research releases landmark study (Working Paper 28474) analyzing patient-level Medicare data from 18,000 nursing facilities over 17 years, finding that private equity ownership increases patient mortality by 10% compared to other nursing homes. The 10% mortality increase …

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