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Concerns grow about quality of care as investor groups buy not-for-profit nursing homes • Daily Montanan

More for-profit investment groups are buying skilled care nursing facilities and experts say the only way for them to be profitable is to reduce the quality of care.

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Long-term care leaders sat for a roundtable discussion on hiring practices sponsored by Hireology. Even though wages and benefits have increased for the

Concerns grow about quality of care as investor groups buy not-for-profit nursing homes

Concerns grow over quality of care as investor groups buy not-for-profit nursing homes

Concerns Grow Over Quality of Care as Investor Groups Buy Not-for-Profit Nursing Homes

Concerns grow over quality of care as investor groups buy not-for-profit nursing homes

Shelly Olson's mother, who has dementia, has lived at the Scandia Village nursing home in rural Sister Bay, Wisconsin, for almost five years. At first, Olson said, her mother received great care at the facility, then owned by a not-for-profit organization, the Evangelical Lutheran Good Samaritan Society.

Concerns Grow Over Quality of Care as Investor Groups Buy Not-for-Profit Nursing Homes

For-profit groups own more than 70% of U.S. nursing homes. Industry leaders and researchers wonder whether corporations and investors can succeed where not-for-profit organizations have struggled. Or, will quality of care suffer in the name of making money?

For-profits own over 70% of America's nursing homes, and health advocates are worried: 'The care gets really bad'

Industry leaders and researchers wonder if investors can succeed where nonprofits struggled. Or will quality of care suffer in the name of making money?

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