welcome
CNBC

CNBC

Health

Health

Why nursing homes and hospice are so expensive in the U.S.

CNBC
Summary
Nutrition label

85% Informative

A recent study found 47 private equity firms bought 124 U.S. hospice agencies between 2015 to 2022 .

The majority of hospice providers are for-profit, according to a study out of the University of Pennsylvania .

Nursing homes and long-term care facilities have long been an acquisition target for private equity.