Private equity has become a multi-trillion-dollar industry, in no small part due to its foray into the care sector. Since 2021, private equity firms have spent more than $200 billion on purchasing health-care companies. Their investments in nursing homes have grown twentyfold in the last two decades. Some people view private equity’s interest in the care sector as hopeful. For them, private equity can help improve health-care outcomes alongside cutting costs and enhancing efficiency. The…

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