Neglect and profits both grow in nursing home industry
A recent New York Times investigation into private equity’s practice in the nursing home business have shown America the truth behind elder care: a growing neglect. Private investors have found a way to make a profit on nursing homes by cutting costs and limiting their own liability for nursing home abuse and neglect. Although private investors can provide a needed financial boost to the nursing home industry, government regulations are necessary to protect the vulnerable residents from nursing home abuse and neglect.
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