New data from the U.S. Bureau of Economic Analysis shows total corporate profits in the third quarter grew 3.3% to an annualized rate of $3.28 trillion. The all-time peak of $3.3 trillion was reached a year ago, Axios Markets co-author Matt Phillips writes. A GDP revision showed the economy grew at a 5.2% annual rate
A Florida nursing home employee in was arrested and charged with assaulting an elderly resident under her care. Kassandra Aihe, 24, was arrested on a charge of battery on a person 65 years or older for the alleged incident that happened on Oct. 27 at an assisted living facility, according to an arrest report cited
Kandus Jellison is a certified nursing assistant. She sued her former employer for wrongful termination. The lawsuit alleges that supervisors at Oakwood Specialty Care failed to care for a resident’s wellbeing after a fall, and denied his rights to participate in his care and contact anyone he wished. She was wrongly fired for disputing a
The United States spends an average of about $13,000 per person every year on health care. Nearly 70% of seniors will need long-term care services as they age, per Harvard’s Joint Center for Housing Studies. The American health care system maximizes the profits of health care companies at the expense of families’ budgets. No other country comes
Fox Carolina reported that South Carolina Attorney General Alan Wilson reported a former nursing home employee was found guilty of sex crimes against a nursing home resident. Towodi T. Shequoyah (@TowodiShequoyah)/ Twitter aka Tony Sequeyah has worked at several nursing homes including Peachtree Centre in Gaffney. He finally got convicted while working as a Licensed
Dying Broke, the investigative series, uses KFF polling, original analysis and interviews with experts and impacted individuals and their families to examine the challenges facing families and caregivers in navigating long-term care. The project found that nearly three million older Americans who need long-term help are not receiving it, in large part because of the
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