For-Profit Nursing Homes and Hospices Are a Bad Deal for Older Americans
April 19, 2021
(STAT News) – Nursing homes and hospice care are supposed to provide safe refuges for older people and those near the ends of their lives. During the Covid-19 pandemic, they have been just the opposite. Many nursing homes and hospice care organizations are now for-profit institutions. There is ample evidence they are putting profits ahead of people and that taking a deadly toll during the pandemic. Nursing home residents account for 1% of the United States population but make up 35% of Covid-19 deaths. Even in this incredibly high-risk group, residing in a for-profit nursing home further increased the risk of Covid-19 infection or death.