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SHS Staff By SHS Staff
SHS Staff
Last Updated: 08 January 2024

Nursing Homes Closing - Seniors Out On The Street

What Happens When A Nursing Home Runs Out Of Money

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Imagine the fear and confusion if you were told you had to find a new home for your parent or other loved one Today! This is exactly what happened to those responsible for each of 170 residents of a St. Louis nursing home, Northview Village Nursing Home. Without prior warning administrators of the nursing home told employees that the owners did not have funding to make payroll. Is the nations senior home situation in crises? Many experts seem to think it is. Read this informative and somewhat disturbing article.

 

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Do Management Companies and Big Corporations Affect Nursing Home Quality of Care?

‘In New York state alone, records show nearly half the state's 600-plus nursing homes hired real estate, management and staffing companies run or controlled by their owners, frequently paying them well above the cost of services.’ - Jordan Rau, NPR News

Are Big Corporate REITs Diminishing Quality of Care?

Read these harrowing experiences and shocking statistics in this NPR article - and decide for yourself.

 

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More news next week.

SHS Staff
SHS Staff
Previous article: Week of January 15, 2024 - Are Some In Senior Care Going To Far? Prev Next article: New Rules For Nursing Home Care Proposed By President Biden Next

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