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
The Alabama Supreme Court ruled that cells awaiting implantation for in vitro fertilization are children. The Alabama Supreme Court decided in a wrongful death suit resulting from the destruction of embryos that were part of an in vitro fertilization (IVF) process, in which doctors artificially fertilize eggs outside the womb and then transfer them into
The Washington Post listed out wrongful deaths at assisted living facilities for letting residents wander away from the facility without supervision or assistance. The Washington Post found at least 98 seniors with cognitive issues died after walking away from an assisted-living facility or being left outside unattended. Ten states did not provide any records and
Green Street Advisors released a new report showing senior living occupancy ended the year with “better than expected momentum … that sets the stage for a favorable outlook this year. Occupancy will exceed pre-Covid levels in 2024. The Wall Street Journal reports an analysis by Jason Fichtner, chief economist at the Bipartisan Policy Center, that a
Healthcare financing for skilled nursing facilities has been undergoing significant shifts since COVID bailouts; the growth outlook has improved and approval of government-backed loans is expected to rise in the coming months. The Department of Housing and Urban Development’s (HUD) lending in the skilled nursing space for loans requires that facilities meet certain standards and
Fox Carolina reported another nurse taking narcotics. It is an epidemic in South Carolina. DHEC arrested Tammy Coyle after an investigation into possible fentanyl theft was requested by Conway Medical Center (CMC). The medical center requested the investigation after documentation showed Coyle removed “an excessive amount” of fentanyl more than her peers between Nov. 1
Recent Comments