Private Equity Acquisition of Disability Services Raises Regulatory Concerns and Patient Safety Issues

Summary

Private equity firms have rapidly acquired over 1,000 disability and elder care service providers in recent years, raising serious concerns among regulators and advocates. A watchdog report reveals that people with intellectual and developmental disabilities have suffered abuse, neglect, and even death under private equity-owned care facilities. The firms' focus on maximizing profits has led to reduced staffing, lower quality care, and regulatory scrutiny across multiple states.