Private Equity Snaps up Disability Services, Challenging State Regulators

Private equity snaps up disability services, challenging state regulators

A man attempts to pull his power wheelchair through the snow after it got stuck on his driveway in December 2024 in Watertown, N.Y. In recent years, a handful of large private equity-owned companies such as Sevita have acquired hundreds of smaller providers of disability services around the country and rolled them into larger corporations. (Photo by Kayla Bartkowski/Getty Images) Private equity companies have gobbled up group homes and other ser…

Private equity snaps up disability services, challenging state regulators • Louisiana Illuminator

Getty ImagesPrivate equity companies have gobbled up group homes and other services for people with disabilities, attracting the attention of state and federal regulators across the nation and alarming advocates. People with intellectual or developmental disabilities have suffered abuse, neglect and even death while under the care of private equity-owned providers, according to a recent report from watchdog group Private Equity Stakeholder Proje…

Take care: An expert Q-and-A on elder care in New Mexico

Former Health Secretary and geriatrician David Scrase discusses New Mexico’s aging population. (Photo provided by the New Mexico Health Care Authority)David Scrase has worked as a geriatrician in New Mexico for nearly 30 years, and served several stints as the secretary of the Health and Human Services Departments. He is on the frontlines when it comes to treating older residents and their caregivers. “This is a growing, giant issue,” Scrase tol…

Private Equity Took Over 1,000+ Disability, Elder Care Providers in Recent Years

Private equity companies have gobbled up group homes and other services for people with disabilities, attracting the attention of state and federal regulators across the nation and alarming advocates. People with intellectual or developmental disabilities have suffered abuse, neglect and even death while under the care of private equity-owned providers, according to a recent report from… Source