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Elizabeth Warren: “Seniors in the homes were neglected. Some were assaulted…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Private equity's latest victim? Your grandma's nursing home.

Published | Video Starts at 00:56

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. And not too long after that, Genesis declared bankruptcy. (00:56–01:02)

CLAIM

Asserts that seniors in Genesis nursing homes were neglected and some were assaulted.

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