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Virginia considers predatory financing bill
Bill to curb sale-leaseback and other property financing practices remains under consideration.
Connecticut enacts strongest transparency law
Landmark law mandates unprecedented transparency and accountability for PE-owned nursing homes.
Seven states pass PE healthcare legislation
California, Indiana, Massachusetts, Maine, New Mexico, Oregon, and Washington enact laws putting guardrails on private equity in healthcare.
Second evacuation at St. Joseph's Center
Critical fire safety failures lead to another mass evacuation two months later.
First evacuation at St. Joseph's Center
Legionella bacteria found in water system forces evacuation of nearly 200 residents.
Quinnipiac Valley Center deaths and investigation
Two resident deaths trigger state health investigation and relocation of residents.
States are stepping into the federal regulatory void with a wave of new laws targeting private equity's role in nursing homes, setting legal precedents for transparency and accountability. Connecticut's landmark statute offers a model for other jurisdictions grappling with similar facility crises and property financing abuses.
Repeated evacuations and patient deaths at private equity-owned nursing homes have exposed critical safety gaps, prompting Connecticut to enact the nation's strongest transparency law. Healthcare leaders are grappling with the clinical implications of PE's cost-cutting in long-term care.
Private equity's nursing home deals face mounting state-level scrutiny, with at least seven states imposing healthcare investment guardrails and Connecticut passing a landmark transparency law. The regulatory wave, coupled with Medicaid cuts, could pressure returns in a sector that had been a PE darling.