Nursing homes have been overwhelmed by the coronavirus. Residents account for more than a quarter of all COVID-19 deaths nationwide. The industry says that facilities have also been overwhelmed by costs, and they’re asking for billions in aid from the federal government.
But recent studies suggest that for-profit ownership may have endangered residents by skimping on care, while funneling cash to owners and investors.
A chain of Midwestern nursing homes called Aperion Care provides a good example of the way for-profit nursing homes are run and why that business model is is coming under scrutiny in the wake of the pandemic. Their 45 facilities, mostly in Illinois and Indiana, get low ratings from the