All this boils down to is that there is nothing more expensive than first-world human labor. Without a doubt, nursing homes are increasingly run by sleazy profiteers, but the reason you can’t easily do better (i.e. find a high-quality nursing home) is because it’s simply expensive to employ enough people, who have sufficient skill and work ethic, to give the elderly care.
Yes, PE in healthcare is destroying the country in every imaginable way. The answer in this case is more complicated than get the for profit companies out of nursing homes, which is necessary but not sufficient to solve the problem. The scariest thought is that there may be no good solution.
All this boils down to is that there is nothing more expensive than first-world human labor. Without a doubt, nursing homes are increasingly run by sleazy profiteers, but the reason you can’t easily do better (i.e. find a high-quality nursing home) is because it’s simply expensive to employ enough people, who have sufficient skill and work ethic, to give the elderly care.
Yes, PE in healthcare is destroying the country in every imaginable way. The answer in this case is more complicated than get the for profit companies out of nursing homes, which is necessary but not sufficient to solve the problem. The scariest thought is that there may be no good solution.