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Eldercare
Reply to "s/o. non profit nursing homes"
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[quote=Anonymous][quote=Anonymous]The not-for-profit elder living communities aren’t necessarily less expensive….[/quote] From the linked article: "Numerous studies demonstrate [b]that for-profit senior care facilities show higher rates of neglect and abuse when compared with similar nonprofit entities[/b] (Comondore et al. 2009). These statistics hold true across time and national boundaries (Brennan et al. 2012) and demonstrate the failure of government regulations to rein in abuses (Coskun 2022; Silver-Greenberg and Gebeloff 2021). Moreover, [b]the for-profit service quality gap worsens [/b]when private equity intersects with complex corporate structures. A rigorous study shows that private equity ownership of long-term care facilities increases the short-term mortality of Medicare patients by 10 percent (Gupta et al. 2021)."[/quote]
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