Blog Topic

Run for Profit Nursing Homes Result in Negligent Care
September 26, 2007

Standards at thousands of nursing homes have fallen in recent years. Many of these nursing homes have one thing in common - they have all been acquired by Wall Street investment companies. When these companies take over a nursing home, they do what corporate investors do best- cut down costs to increase profits. As a result, essential nursing home staff is reduced, and consequently residents at these homes suffer.

At one such nursing home, the 150 bed Habana Health Care Center in Tampa Florida, one woman has sued the home for the death of her mother. Vivian Hewitt sued the home in 2004 after her mother a resident, died from an infected bed sore. And hers isn't the only case. Over a period of 3 years, 15 residents at Habana have died due to what their families call negligent care.

What makes the matter worrisome is that these private investors have made it difficult for any abuse charges to be traced back to them. In Hewitt's case, for instance, she found that Habana had spread control of the nursing home over 15 companies and 5 layers, making it almost impossible for her lawyer to trace who was responsible for Hewitt's mother's care

According to the New York Times, the nursing home industry is proving to be hugely profitable for Wall Street investors. As more baby boomers age, the demand for nursing homes is likely to remain high, and this has attracted many companies to an almost fool proof business opportunity. Unfortunately, this influx of corporate money has led to a downfall of standards for many nursing homes that had acceptable safety ratings before they were taken over by investment companies.

There is no excuse for exploiting and abusing some of the most vulnerable members of society for profit. If you or someone close to you suffered neglectful treatment at a nursing home, call the capable nursing home attorneys at The Reeves Law Group. We have decades of experience helping victims receive the compensation they deserve.

Permalink