Britain’s Hard Lessons From Handing Elder Care Over to Private Equity

(By Christine Spolar for Kaiser Health News)

LONDON — A little over a decade ago, Four Seasons Health Care was among the largest long-term care home companies in Britain, operating 500 sites with 20,000 residents and more than 60 specialist centers. Domestic and global private equity investors had supercharged the company’s growth, betting that the rising needs of aging Britons would yield big returns.

Within weeks, the Four Seasons brand may be finished. Continue reading here…

Kaiser Health News is a non profit national health policy news service that is part of the nonpartisan Henry J. Kaiser Family Foundation.

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