When Private Equity Takes Over a Nursing Home

By Yasmin RafieiNew Yorker, August 25, 2022 After an investment firm bought St. Joseph’s Home for the Aged, in Richmond, Virginia, the company reduced staff, removed amenities, and set the stage for a deadly outbreak of COVID-19. When St. Joseph’s Home for the Aged, a brown-brick nursing home in Richmond, Virginia, was put up for sale, … Read more