It is a reasonable assumption for many people that nursing homes caught in the act of neglecting patient needs, disregarding safety standards and limiting their staff to levels deemed inadequate that fines and sanctions would be a deterrent from future abuses. This would be logical if the fines themselves had…
Nursing homes are big business that provide valuable investing opportunities for private equity firms around the world. While not a glamorous business, nursing home chains can make money. In 2009, the U.S. nursing home industry provided more than $104 billion worth of health care to the elderly, infirm, rehabilitating and…
The entire purpose of any for-profit corporation is to make money and to continuously implement new strategies that will increase profit and reduce expenses. How far is too far though when a company puts its own needs above those of the people it serves? The ten largest for-profit nursing care…
There is a lot of anxiety and unfamiliar aspects to deal with if someone we care about enters into a nursing home facility. We wonder whether they will be comfortable, whether they will make new friends, but we should not have to worry about whether they will be safe. Families…
A nursing home facility in Kanawha County West Virginia recently lost its appeal to reconsider a sizable verdict awarded in a case that went to trial two years earlier. The lawsuit investigates whether the limits established for medical malpractice apply to nursing homes. It borders on whether the defendant, HCR…
As baby boomers approach retirement age and there are less and less nursing homes being opened and more closing, it is concerning if there will be a shortage of these facilities in the next few decades. In 2006, the U.S. Census Bureau reported 78.6 million baby boomers in the U.S.,…
Maybe I should blame David Letterman who ingrained the ‘top 10 list’ into our minds on a daily basis? It seems everywhere we turn there’s a listing of the best or worst– restaurants, hotels, microwaves, airlines– and of course nursing homes. While these lists may be incredibly convenient and even…
For many disabled people, Medicare did not cover their skilled nursing expenses due to the type of condition they had and their ability to improve. Until recently, Medicare did not cover medical expenses related to ongoing care needed just to maintain their condition, not improve it. It took a landmark…
Sun Healthcare Group (SUNH) is one of the larger nursing home companies in the U.S. with inpatient facilities in 25 states with over 23,000 beds. Based out of Irvine, California, this major conglomerate has several units and subdivision that range from behavioral health to hospice care and medical staffing. The…
Since 1981, Sunrise Senior Living has been providing health care to seniors and those in need of assisted living. Now Sunrise is an international company with over 31,000 units in three countries: the U.S., Canada and the UK. They are based in McLean, Virginia and offer a variety of healthcare…