Navigation Links
Private equity companies purchase nursing homes, but care does not suffer
Date:9/9/2008

BOSTON, Mass. (Sep. 10, 2008)In recent years, private equity investors have increasingly targeted nursing homes as investment opportunities. Spurred by investigative reports and anecdotal evidence that these deals led to worsened quality of care, many companies have found themselves under increased federal scrutiny.

But according to a new study, such conclusions may be premature. Private equity purchases of nursing homesmany of which result in administrative and corporate restructuringhave not caused quality of care to decline significantly to date. In fact, in some aspects, the quality of care has improved.

"This is an early look at what happens after these purchases," says Harvard Medical School assistant professor David Stevenson, who co-authored the paper with associate professor David Grabowski. "Many of the transactions we looked at were just a few years old, so it's hard to draw definitive conclusions about these types of deals. However, our results paint a more positive picture than had emerged previously."

These findings appear in the September/October issue of the journal Health Affairs.

Starting around 2000, a number of private equity groups began purchasing nursing home chains, mostly in states like Florida and Texas, where litigation was more common than in other states. As a result of these transactions, and to buffer themselves against costly litigation expenses, many of the nursing homes were divided into sub-companies, decentralizing ownership so that, for example, the same "company" didn't own both the property and operations. As a result, if a patient were to sue for medical negligence, it would be more difficult to pursue property assets.

Investigative reporting, such as a 2007 front page article in the New York Times, looked at patient care in these homes both before and after these corporate purchases. It concluded that such restructuring had weakened patient care, which in tu
'/>"/>

Contact: David Cameron
david_cameron@hms.harvard.edu
617-432-0441
Harvard Medical School
Source:Eurekalert

Page: 1 2 3

Related medicine news :

1. Vickie Milazzo Institute Makes Inc.s List of Top 5000 Fastest-Growing Private Companies in America
2. Z Trim Holdings, Inc. Announces Private Placement Funding
3. Jackson Healthcare Ranked 48th of All Health Companies on Inc. Magazine's 2008 List of 5000 Fastest Growing Private Companies
4. invivodata Recognized as One of Pittsburghs Fastest Growing Private Companies
5. The Coding Source Named to Inc. Magazines 27th Annual List of Americas 500 Fastest-Growing Private Companies
6. Vigilan Recognized as One of the Fastest-Growing Private Companies in the U.S.
7. VirtualHealth Technologies, Inc., Announces That Its Associate, Private Access, Will Be Partnering with Genetic Alliance To Accelerate Medical Research While Protecting Privacy
8. VirtualHealth Technologies, Inc., Announces Its Associate, Private Access, Appoints Marc Kirshbaum as President & COO
9. Plexus Consulting Group Works With a USAID-Funded Project to Help the Private Hospitals Association of Jordan Create a Roadmap for the Future
10. Peptimmune Announces the Second Close of Series D Private Financing
11. Houston-Based Tyrell, Inc. Completes $28 Million Private Equity Financing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/30/2014)... emissions will reduce other harmful air pollution and ... new study released today. The research shows that, ... final Clean Power Plan, the power plant standards ... and hundreds of heart attacks in the United ... Co-benefits of Carbon Standards for Existing Power Plants, ...
(Date:9/30/2014)... University] Autism is no stranger to the children ... nation is access to clinical services, including reliable diagnosis ... for example, validated for use in Swahili, a major ... however, researchers at Brown University and the University of ... they implemented at two sites in the country and ...
(Date:9/30/2014)... Shrewsbury, NJ (PRWEB) September 30, 2014 ... health and wellness, is opening another new medical specialty ... group. IMA Cardiology will be located within ... Dr. Ziad Abbud and Dr. Isaac Tawfik of American ... Neptune, N.J. The new practice will offer Integrated Medicine ...
(Date:9/30/2014)... Glycodrive , one of the newest ... maximize lean, strong muscle growth with a proprietary blend ... has caught the attention of Shane Michaels, prompting an ... is to help the body use carbohydrates in a ... essential in the muscle-building process, and Glycodrive makes them ...
(Date:9/30/2014)... Angeles, CA (PRWEB) September 30, 2014 ... surgery providers in Turkey has gone up more than ... growth. The medical tourism company also reported total revenue ... October 2012. , The company’s professional strategy has allowed ... Turkey — ultimately designed for patient comfort and privacy ...
Breaking Medicine News(10 mins):Health News:Power plant standards could save thousands of US lives every year 2Health News:Power plant standards could save thousands of US lives every year 3Health News:New diagnostic approach for autism in Tanzania 2Health News:New diagnostic approach for autism in Tanzania 3Health News:New diagnostic approach for autism in Tanzania 4Health News:Integrated Medicine Alliance Announces New Cardiology Practice 2Health News:Glycodrive Review Exposes Blue Star Nutraceutical’s Supplement for Leaner, Stronger Muscles 2Health News:VisitandCare.com Announces Record Demand for Plastic Surgery in Turkey 2Health News:VisitandCare.com Announces Record Demand for Plastic Surgery in Turkey 3Health News:VisitandCare.com Announces Record Demand for Plastic Surgery in Turkey 4
... Be Celebrity Host of Show at Nassau Coliseum, NEW ... the first of its 2009 Concert Series -- a Valentine,s ... Research,Foundation., The show will be held on February 14th, ... on sale Monday, November 10th at 10am,through Ticketmaster.com or by ...
... at National Health Science Summit, DALLAS, Nov. ... prevention, today announced Dr. Valentin Fuster, director of,Mount ... Prevention Prize.,The Prize was presented to Dr. Fuster ... National Health Science Summit held on,November 7, 2008 ...
... 7 /PRNewswire-FirstCall/ - Transition Therapeutics Inc.,("Transition" or the "Company") ... call on Monday, November 10, 2008 at 4:30 P.M. ... Dr. Tony Cruz, Chairman,and Chief Executive Officer of the ... results for this period in a press release to,be ...
... valves years later , , FRIDAY, Nov. 7 (HealthDay News) -- ... fight obesity has been tied to heart value damage that ... new study reports. , The appetite suppressant fenfluramine has ... its links to heart damage. Thousands of lawsuits have been ...
... (NYSE: PER ) ( http://www.perotsystems.com ) today ... 2007, will fully transition its,name to Perot Systems, ... will now refer to the group as the ... the global information,technology provider,s deep healthcare solutions expertise ...
... and ST. PAUL, Minn., Nov. 7 Elementary,school ... bread products,are gradually introduced into their school lunches, ... grain breads are strongly recommended as part of ... eat them. For this study,researchers from the university,s ...
Cached Medicine News:Health News:Barry Manilow Brings Valentine's and Music to New York With Concert to Raise Funds for Breast Cancer Research 2Health News:U.S. Preventive Medicine(R) Awards Inaugural Global Prevention Prize to Dr. Valentin Fuster of Mount Sinai Heart 2Health News:U.S. Preventive Medicine(R) Awards Inaugural Global Prevention Prize to Dr. Valentin Fuster of Mount Sinai Heart 3Health News:Transition Therapeutics to Hold Conference Call on First Quarter Fiscal 2009 Financial Results on Monday, November 10th, at 4:30 P.M. EST 2Health News:Banned Obesity Drug Tied to Heart Risks Long After Use 2Health News:Perot Systems Announces Name Change of JJWild 2Health News:Perot Systems Announces Name Change of JJWild 3
(Date:9/30/2014)...  Decision Resources Group finds that the Asia Pacific ... China , India , ... through 2023. Dental implant procedure volumes will grow as physicians are ... Other key findings from Decision Resources Group,s coverage of the ... , Dental implant penetration: Penetration of dental implants among the ...
(Date:9/30/2014)... , Sept. 30, 2014   Easy Breathe ... destination , today announced that it now offers the ... AirSense CPAPs are the first sleep apnea therapy devices ... simple and easy to track and share real-time data ... effectiveness of their CPAP therapy.  In addition, the internal ...
(Date:9/30/2014)... , N.J. and NEW BRUNSWICK, N.J., Sept. 30, 2014 ... agreement that allows Kessler Foundation and New Jersey ... biomedical research, education and patient care programs has ... and chief executive officer of Kessler Foundation and ... Jersey Health Foundation. "The experience of ...
Breaking Medicine Technology:Asia Pacific Dental Implant Market Will Grow at a Strong Rate Through 2023 2Asia Pacific Dental Implant Market Will Grow at a Strong Rate Through 2023 3Easy Breathe Now Offers World's First "Smart" CPAP Device to Treat Sleep Apnea 2Easy Breathe Now Offers World's First "Smart" CPAP Device to Treat Sleep Apnea 3Easy Breathe Now Offers World's First "Smart" CPAP Device to Treat Sleep Apnea 4Kessler Foundation Partners with New Jersey Health Foundation To Start Innovative Companies To Change the Lives of People with Disabilities 2
... Leading academic and industry specialists ... discuss the challenges that could see R&D grind to a ... Selecting and screening the correct polymorphs and ensuring ... effective way has never been more vital. According to George ...
... Ontario, Canada, Oct. 27, 2011 Valeant Pharmaceuticals International, Inc. ... of 8,523,517 additional common shares of Afexa Life Sciences Inc. ... of the offer by its wholly-owned subsidiary 1625907 Alberta Ltd. ... of Afexa. As all of the conditions to the offer ...
Cached Medicine Technology:Pharma Industry Unites With Academia to Tackle Ongoing Problem 2Valeant Announces Take-Up of Additional Afexa Shares and Special Meeting of Shareholders of Afexa to Approve Its Privatization 2Valeant Announces Take-Up of Additional Afexa Shares and Special Meeting of Shareholders of Afexa to Approve Its Privatization 3
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: