What Happens to a Nursing Home Chain When Private Equity Takes Over? A Longitudinal Case Study

被引:25
作者
Bos, Aline [1 ]
Harrington, Charlene [2 ]
机构
[1] Univ Utrecht, Utrecht, Netherlands
[2] Univ Calif San Francisco, San Francisco, CA 94143 USA
关键词
nursing homes; private equity; strategy; staffing; care quality; QUALITY-OF-CARE; INVESTMENT; OWNERSHIP; PERFORMANCE; STRATEGIES;
D O I
10.1177/0046958017742761
中图分类号
R19 [保健组织与事业(卫生事业管理)];
学科分类号
摘要
We analyzed what happens to a nursing home chain when private equity takes over, with regard to strategy, financial performance, and resident well-being. We conducted a longitudinal (2000-2012) case study of a large nursing home chain that triangulated qualitative and quantitative data from 5 different data sources. Results show that private equity owners continued and reinforced several strategies that were already put in place before the takeover, including a focus on keeping staffing levels low; the new owners added restructuring, rebranding, and investment strategies such as establishing new companies, where the nursing home chain served as an essential "launch customer."
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页数:10
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