Aging

New Research Shows Sharp Rise in Nursing Home Care Violations Under Private Equity Ownership

Published in Health Insurance Week, December 2nd, 2007

The nation's largest healthcare workers' union released new data today before committees on Capitol Hill that show a link between private equity ownership and problems with nursing home care. SEIU's new research shows significant increases in deficiencies at two nursing home chains after leveraged buyouts.

SEIU released its new report in connection with two Capitol Hill hearings. Chairman Pete Stark's (D-CA-13) Ways & Means Subcommittee looked at the effects of nursing home ownership on the quality of care. Also, Chairman Herb Kohl's (D-WI) Senate Special Committee on Aging separately examined problems with transparency and accountability in nursing homes and explored...

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Source: Health Insurance Week (2007-12-02)

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