Subcommittee Chair Pete Stark . :: ‘This industry operates largely on the government cents,’adding, ‘nursing home chains should be care care, not increasing profits by cutting corners at the expense of seniors and people with disabilities ‘ online .
A number of witnesses at hearings of the House Ways and Means subcommittee on Health and the Senate Special Committee on Aging on Thursday testified that the growing trend of private equity firms buy nursing home chains lowers quality and for state and federal regulators to hold more difficult the business is responsible for substandard care, CQ HealthBeat reports. ‘.
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