✅ Yes, the content seems to be true and authentic, as reported by several sources.

These, include:

1. https://jacobin.com/2024/06/the-wall-street-takeover-of-in-home-care - (Trust Score 8/10)

- Big insurers and private equity funds are snapping up the companies that provide in-home care for elderly and disabled Americans, aiming to control market share and raise prices while battling higher wages for workers.

2. https://kffhealthnews.org/news/article/investors-private-equity-nonprofit-nursing-homes-quality-of-care/ - (Trust Score 7/10)

- For-profit groups, including private equity firms, are buying up not-for-profit nursing homes, raising concerns about the quality of care. Over 70% of U.S. nursing homes are owned by for-profit companies.

3. https://medicareadvocacy.org/when-private-equity-takes-over-nursing-facilities-residents-beware/ - (Trust Score 8/10)

- Private equity firms are acquiring nursing facilities, leading to significant and troubling consequences for residents. The report highlights poor performance and neglect in facilities under private equity ownership.