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Concerns Grow Over Quality of Care as Investor Groups Buy Not-for-Profit Nursing Homes

Concerns Grow Over Quality of Care as Investor Groups Buy Not-for-Profit Nursing Homes
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Concerns grow over quality of care as investor groups buy not-for-profit nursing homes

Shelly Olson's mother, who has dementia, has lived at the Scandia Village nursing home in rural Sister Bay, Wisconsin, for almost five years. At first, Olson said, her mother received great care at the facility, then owned by a not-for-profit organization, the Evangelical Lutheran Good Samaritan Society.

Concerns Grow Over Quality of Care as Investor Groups Buy Not-for-Profit Nursing Homes

For-profit groups own more than 70% of U.S. nursing homes. Industry leaders and researchers wonder whether corporations and investors can succeed where not-for-profit organizations have struggled. Or, will quality of care suffer in the name of making money?

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