CARLYLE TO PURCHASE MANOR CARE NURSING HOMES

The Washington Post newspaper reported yesterday that the Carlyle Group will purchase Manor Care, a nursing-home operator, for $6.3 billion, the latest in a recent string of multibillion-dollar deals involving the DC private-equity giant.

Manor Care, which traces its roots to a single nursing home in Wheaton 48 years ago, has grown into one of the largest providers of long-term care and services in the country, with nearly 60,000 employees in more than 500 facilities under the Heartland, ManorCare Health Services and Arden Courts brands.

My take on this purchase is that Carlyle, whose principals reportedly include George Bush, Sr., James Baker and a host of other conservative republicans, has no clue about health care much less the nursing home industry. Carlyle is out to make money and it will make a lot! So don’t believe it when your nursing home administrator tells you that he cannot hire more nurses because the money is just not available.

Read the Washington Post article.

Dan Frith

Dan Frith

Dan Frith has over 25 years of experience representing individuals and families in cases of medical malpractice throughout Virginia. He has been named "Best Medical Malpractice Attorney" by Roanoker Magazine and is a member of the Million Dollar Advocates Forum. To speak with Dan, contact him by email at dfrith@frithlawfirm.com.