Small towns, big cities, doesn't matter where you are. What we have seen happen in senior care is the same story that we've seen happen in so many other parts of our economy. In 2024, a single private equity company purchased 24 different nursing homes, 2,500 beds in one single transaction. Me fighting for my constituents who lived in those trailer parks. It is the same story that you're seeing here. You see these big investment companies come in, they buy these facilities, they increase the cost, quality goes down. (55:05–55:20)
CLAIM
Asserts that a private equity company bought 24 nursing homes with 2,500 beds in 2024.
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