Around the world, the first generations of openly LGBT+ people are arriving at a point in life where nursing homes and geriatric care become a real issue.
French company Orpea, hit by
allegations of malpractice at its care homes and a sharp drop in
valuation, said on Friday it made a drawdown of 200 million
euros from new financing by its main. | June 2, 2023
French nursing care provider Orpea, hit by multiple scandals including allegations of malpractice at its care homes, on Friday reported an annual net loss that was in line with the anticipated. | May 12, 2023
Long-term care facilities are subsidised to a large extent by public money. When financial risks aimed at increasing profitability do not pay off, the state must step in to ensure the welfare of care recipients, from the public purse.
Often framed as a burden by politicians, many investors see the ageing population as an exciting growing market with infinite demand, a steady stream of public funding and the possibility to (.)