Nursing Home Financing and Regulations

Emigrating From the U.S. May Be the Only Way To Afford Eldercare

Published: | 4:24 pm | Posted in: Nursing Home Financing and Regulations

We laughed, but joking aside, agreed: Growing old—or falling ill—in the United States is not for the poor. The national median cost in the United States for a one-bedroom unit in an assisted living community is now $4,000 per month, or $48,000 per year. Alzheimer’s or dementia care increases that cost by an additional $1,200 […]

Continue reading "Emigrating From the U.S. May Be the Only Way To Afford Eldercare"

Britain Was a Pioneer in Outsourcing Services. Now, the Model Is ‘Broken.’

Published: | 7:56 pm | Posted in: Nursing Home Financing and Regulations

After years of improvements in their LTC services, the U.K. began to privatize these services several years ago and allow private equity investment in LTC programs. These privatization initiatives have created growing instability in the Unite Kingdom’s LTC system and a growing crisis in access to care and concerns about its quality. The residents of […]

Continue reading "Britain Was a Pioneer in Outsourcing Services. Now, the Model Is ‘Broken.’"

Overdoses, bedsores, broken bones: What happened when a private-equity firm sought to care for society’s most vulnerable

Published: | 7:33 pm | Posted in: Nursing Home Financing and Regulations

To the state inspectors visiting the HCR Manor­Care nursing home here last year, the signs of neglect were conspicuous. A disabled man who had long, dirty fingernails told them he was tended to “once in a blue moon.” The bedside “call buttons” were so poorly staffed that some residents regularly soiled themselves while waiting for […]

Continue reading "Overdoses, bedsores, broken bones: What happened when a private-equity firm sought to care for society’s most vulnerable"