Profit incentives in the home health industry jeopardize quality of care for patients and quality of life for employees.
“It’s an even less regulated space than nursing homes,” Chris Noble, PESP’s policy coordinator and the author of the new report, told“As folks in this country especially are utilizing home health and at-home hospice a lot more… this is something we should at least take as serious,” added Noble, who is calling on lawmakers to pay more attention to private equity’s incursion into the home healthcare and hospice sectors.
To illustrate some of the dangers posed by private equity’s growing role in home-based and hospice care, Noble spotlights several private equity-owned home healthcare and hospice companies that have recently been embroiled in controversy, including over unlawful underpayment of workers and fatal lapses in patient care.
Noble warned that as private equity’s takeover of the home healthcare and hospice industries gains speed, “profit incentives continue to jeopardize quality of care for patients and quality of life for employees.”
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