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According to the Times, while such investment companies have made lots of money by cutting expenses and staff, the data collected by government agencies indicate that their patients are suffering worse care. The New York Times investigation revealed that the nursing homes acquired by these investment companies scored worse than the national average in 12 of 14 criteria used by regulators to guage the quality of care provided to prevent and treat ailments like bedsores and infections. The Centers for Medicare and Medicaid Services says the deficiencies in health care cited by government regulators last year was almost 19% higher in nursing homes operated by similar large investment companies.
Meanwhile, the operators of these nursing homes have evaded legal liability for this neglect by creating complex mazes of corporate structures to shield the companies (and individuals who pocket most of the profits) from civil lawsuits and regulatory fines. These slick corporate shell games also help the operators avoid government rules requiring them to report when they are, in effect, paying themselves for certain services with your tax money (Medicare and Medicaid).
Mr. Carter was interviewed and quoted in the article because of his experience and knowledge of nursing home abuse and neglect, nursing home operations and the corporate shell games they play. Nursing home operators set up mazes of corporations to make it difficult for attorneys and their neglected clients to collect on civil claims and to make it difficult for government regulators to levy fines or conduct investigations of entire chains of such nursing homes. These companies leave the licensees running the nursing homes with little or no assets. This means civil litigants find it harder to collect on claims, and government regulators can’t enforce quality of care regulations by fining the companies responsible for the mismanagement.
If you or a loved one has been injured or killed in a nursing home, you need an experienced nursing home abuse and neglect attorney who is knowledgeable of these sharp corporate tactics.
Nursing homes injure and kill patients every day across the country through falls, drownings, burnings, chokings, and other incidents related primarily to an overall lack of supervision. They also injure and kill patients through outright neglectful care, causing bedsores, weight loss, malnutrition, dehydration, infections, medication errors, and other negligence.
If you want to do your part to help our senior citizens, call your Congressman, Senator, and Governor and tell them to halt this irresponsible and greedy corporate abuse of our greatest generation. Send them this New York Times article and tell them to enact laws putting a stop to these corporations being paid by Medicare and Medicaid tax dollars while avoiding legal and regulatory liability for their malfeasance.