Every day, the lives of our grandparents—resilient pillars of our families—are in jeopardy due to private equity buyouts of nursing homes. It’s unsettling and heartbreaking to know that when private equity acquires these facilities, residents face a tenfold increase in bankruptcy risk and a considerable rise in mortality rates. This isn't just a hypothetical scenario; it's backed by compelling research conducted by the National Bureau of Economic Research (NBER), a leading U.S. nonprofit organization.

The NBER’s study uncovered staggering statistics: private equity ownership increases short-term mortality by 10% and raises Medicare costs by 3.9% per resident. These numbers underscore the harsh reality—private equity prioritizes profit over people, leading to degrading care outcomes and devastating financial ruin for families relying on nursing homes for their loved ones.

This situation demands urgent action. Our grandparents and aging loved ones deserve dignity, security, and top-notch care—not to become statistics or casualties of profit-driven decisions. Justice for our grandmas and grandpas can’t be optional. It's time we hold private equity accountable and ensure nursing homes are shielded from harmful buyouts that jeopardize the well-being of our elders.
We urgently need to restrict private equity acquisitions of nursing homes to protect vulnerable residents from deteriorating standards of care and financial exploitation. By signing this petition, we advocate securing better outcomes for our loved ones and prioritizing their welfare over impersonal profit margins.

Please join us in demanding restrictions on private equity acquisitions to protect our elderly and ensure they receive the compassionate care they rightfully deserve. Sign the petition to make a difference in U.S. healthcare today.