The PE company then cut costs, meaning they slashed the staff at the nursing homes. So the quality of care went down and Genesis racked up a massive amount of debt. And then things got really bad. Seniors in the homes were neglected. Some were assaulted, others weren't helped. When they fell down at the facility, Genesis ended up owing hundreds of millions of dollars to the residents they hurt. (00:51–00:55)
CLAIM
Asserts that Genesis nursing homes accumulated significant debt.
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