Tag Archive: profit

Wall St. Journal article on “Green Houses”

Below are excerpts of an interesting article about “Green Houses”.  A new approach to taking care of the elderly.  The article is called: “Rising challenger takes on elder-care system” (06/24/08 Wall Street Journal) By Lucette Lagnado In the spring of 2001, Bill Thomas, dressed in his usual sweat shirt and Birkenstock sandals, entered the buttoned-down

Profits grow as quality of care declines

Here is an article showing how profitable the nursing home industry actually is while the insurance companies are requesting immunity and protection from their neglect and abuse. Robust Financial Standing Of California Nursing Homes Observed Amid Slump In Quality Care Vittorio Hernandez – AHN News Writer A study released Tuesday reported growing profitability of the

Nursing Homes: A Failed Experiment

Here is an interesting article about attorney Ken Connor’s appearance for an advocacy group for nursing home reform.  The seminar was titled “Nursing Homes: A Failed Experiment,”.  Connor’s appearance was sponsored by the advocacy group Kentuckians for Nursing Home Reform. Connor said he classified nursing homes as “a failed experiment” because the current system puts

Nursing homes are VERY profitable

I do not understand how nursing homes continue to say that they can’t make any money taking care of their residents.  The corporate executives of Manor Care will get more than $200 million for their sale to the Carlyle Group. The head of America’s biggest nursing-home company is about to get intensive financial treatment. Chief

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