There's a chain of nursing homes called Genesis. Now, your grandma could be in one of those homes. They have nearly 200 facilities all across the country. A private equity company bought Genesis [nursing homes]. And what came next is straight from the private equity playbook. They sold the land under the nursing homes with the money going straight to the PE firm. (00:23–00:27)
CLAIM
Asserts that a private equity company acquired Genesis nursing homes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
