How Companies Sometimes Put Profit Over Nursing Home Care

By Zach Christiansen of The Bowling Law Firm, A Professional Law Corporation on Wednesday, December 5, 2018. BATON ROUGE, Louisiana. The Washington Post recently performed an in-depth investigation into how a private equity Firm's acquisition of a nursing home company led to the alleged neglect of thousands of elderly and sick residents. According to , private equity Firms purchase companies that might be struggling and try to turn them around. However, when the goals of private equity Firms (make profit and cut costs) conflict with safety and industry standards, people can end up hurt or injured. The Washington Post's investigations found that under the management of the private equity Firm, the nursing home's health code violations allegedly rose 26 percent.