The purchase of St. Joseph’s Home for the Aged in Richmond by a private equity firm led to sharp declines in quality of care and a COVID-19 outbreak. (Political cartoon by John Cole)
From The New Yorker: “When private equity takes over a nursing home: After an investment firm bought St. Joseph’s Home for the Aged, in Richmond, Virginia, the company reduced staff, removed amenities, and set the stage for a deadly outbreak of COVID-19.”
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