Private Equity Snaps Up Disability Services, Challenging Regulators
12 days ago
- #private equity
- #healthcare regulation
- #disability care
- Private equity-owned disability care providers have been linked to abuse, neglect, and deaths.
- Private equity firms prioritize profit maximization, often cutting costs at the expense of care quality.
- Sevita, a major private equity-owned provider, has faced multiple state sanctions and fines for violations.
- Regulatory oversight is fragmented, with states struggling to hold national providers accountable.
- Some states are enacting laws to tighten restrictions on private equity health care acquisitions.