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Inside PE’s ‘Financial Gamesmanship’: PE-Owned Nursing Homes Face 10 Times Greater Bankruptcy Risk, Higher Mortality

New research from NYU Stern finds private‑equity‑owned nursing homes have 11% higher resident mortality, 4.4% fewer nurses, 25% more hospital complications, and a ten‑fold increase in bankruptcy risk. The study links these outcomes to aggressive debt‑laden buyouts, sale‑leaseback deals and cost‑cutting that shift spending away from patient care. In 2023 alone, 34 health‑care facilities owned by PE filed for bankruptcy. Researchers urge greater transparency, debt caps and stricter state oversight rather than banning PE outright.