The problem with profits: As Ontario’s long-term-care homes stagger under a COVID death toll of more than 3,000, some say it’s time to shut down for-profit homes for good

“The for-profit sector isn’t one sector. It never has been, really. Instead, it’s a wild mix of large chains, family-run companies and a new breed of equity-backed turnaround projects targeted for hefty returns.” A lengthy but informative item from Richard Warnica Business Feature Writer, Toronto Star, Tue., Jan. 26, 2021 “Long-term-care home residents in OntarioContinue reading “The problem with profits: As Ontario’s long-term-care homes stagger under a COVID death toll of more than 3,000, some say it’s time to shut down for-profit homes for good”

Seniors and staff caught in the middle of nursing homes’ quest for profit

The cycle of buying and selling care homes has led to shortcuts, closures, even fraud – and imperiled vulnerable residents’ health. Read in full here. Sourced from the Guardian July 2020: Elders in residence A series on the longstanding failures heightened by Covid-19 in American nursing homes. More from this series