The Wall Street Takeover of In-Home Care
In the growing in-home health care sector, big insurance and private equity firms are buying up agencies and fighting needed reforms at the expense of both patients and workers.
Merrill Goozner, editor and publisher of GoozNews, is the former editor of Modern Healthcare. He previously served as a foreign, national, and chief economics correspondent for the Chicago Tribune.
In the growing in-home health care sector, big insurance and private equity firms are buying up agencies and fighting needed reforms at the expense of both patients and workers.
Private equity–owned nursing home facilities across the country are poaching government funds that should be used to increase staffing levels and pay workers more to line their owners’ pockets.
The Affordable Care Act’s requirement that private health care insurance plans cover preventive services at no cost is in danger of being rescinded.