American corporations can afford to pay workers a living wage. See below for historical proof of wages and profits. If anything, wages today are historically low. As a share of gross domestic product, worker compensation is lowest since the Great Depression. Corporate profits have been rising rapidly.
Revenue and Profits National Investment Center for Seniors Housing & Care (NIC) states the value per-bed rose to $92,000 from pre-pandemic $78,000. The Center for Medicare Advocacy (CMA), a not-for-profit advocacy organization, argues that LTCFs have the funds to increase wages for caregivers. Health Affairs discovered that no staffing increase during the first nine months
Count On 2 reported on the need for cameras after repeated complaints at South Carolina nursing homes. Cameras are often used in nursing homes to deter abuse and neglect, prevent unsafe wandering and elopement, and expose waste, fraud, and theft. DHEC reported a 47 percent increase in complaints against nursing homes between May 2020 and
Robert G Kramer wrote an interesting and blunt article for Health Affairs blog. Below are some excerpts. The US long-term care system, particularly in skilled nursing facilities, has been exposed as deeply flawed, chronically underfunded, and in need of reform. The sector now faces the scrutiny of Congress, as well as policy makers and regulators in
John O’Connor is Editorial Director for McKnight’s who wrote the following: “Our employees are our greatest asset.” How often have I heard that or a similar claim over the years? Dozens of times? More than 50? Frankly, I’ve lost count. The funny thing is, I’m sure the speaker fully believed it at the time. And
Renee Alexander, a former Prisma Health employee, is suing the health system alleging racial discrimination and retaliation. She worked at the emergency room. “I loved helping people,” Alexander said. Alexander contends the discrimination and retaliation led to harassment, demotion, loss of promotions and hires. It ended her employment, according to the filed lawsuit. The lawsuit
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