Private equity funds owning nursing homes can have several negative implications for the quality of care and well-being of the residents. Care from for-profit private equity firm provide lower quality of care, and more abuse and neglect as a result. The rate of serious medical complications increase after they were purchased by private equity investment firms. The
ProPublica has updated “Nursing Home Inspect,” the database that helps you find problems that inspectors identified in more than 15,000 U.S. nursing homes, to make it easier to search government reports and browse serious issues. They added new data, a redesigned user interface and advanced search features. These filters will allow journalists and others to
Most nursing homes are understaffed to the point of endangering patient care. More than a million vulnerable people need quality long-term care. There are about 15,000 nursing facilities today, down from 19,000 in the 1980s. Kiplinger released an article with the 10 things consumers should know about nursing homes. Here is a summary. 1. Nursing homes
A new study from the National Council on Aging (NCOA) and the LeadingAge LTSS Center at the UMass Boston has bad news. 80% of older Americans lack the financial resources to pay for two years of nursing home care. That is awful. The national average cost for assisted living is around $4,500 per month according
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