It has become much more common to find that the known name for a nursing home is not related to its true nursing home ownership. Often, owners of nursing homes are carefully hiding the identity in a maze of ownership.
A plaintiff’s lawyers who handle nursing home cases are cautious about researching ownership. Today more than ever, nursing home operators find that elderly residents are filling these facilities at higher occupancy levels.
There is more and more demand for elder care in independent living or assisted living in nursing homes. Because of the demand, ownership of nursing homes is on the private investment company favored list of acquisitions. Private equity enterprises and larger publicly traded companies are operating more nursing homes today than ever before.