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Big Investors Push Nursing Homes to Upgrade Care and Working Conditions

Nursing homes and long-term care facilities, where 182,000 Americans perished during the covid pandemic, have taken heat from government regulators, residents and their families. Now the industry is hearing it from an unexpected source: their investors. Use Our Content It can be republished for free. Investors who own large shares of nursing home companies now are demanding that the operators improve staff working conditions and the quality of care. Nearly 100 investor groups that manage $3.3 trillion in assets in the U.S. and abroad told nursing home companies in a recent letter that they should increase staffing levels, boost staff pay, offer paid sic...

Read the full post at Syndicate – Kaiser Health News
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