PUMPING IRONY: Cashing in on COVID
By Craig CoxDriven by the demands of a broken business model, nursing homes opened their doors to coronavirus patients — with predictable results.
Driven by the demands of a broken business model, nursing homes opened their doors to coronavirus patients — with predictable results.
Already struggling before the pandemic struck, assisted-living facilities are hanging on for dear life — just like their residents.
An old friend faces a future with Parkinson’s and an eventual move to an assisted-living facility that, barring an industry shift, will probably offer no medical care.
The nursing-home industry is suffering through an unprecedented decline as elderly Americans are increasingly opting for home- and community-based options.
An alarming percentage of seniors are shuttled between hospitals and nursing homes and back again, complicating their recovery. And government policies may be making the situation worse.
The vast majority of elderly Americans live at home because they can’t afford the services offered at nursing homes and assisted-living facilities. A nascent movement, however, is emerging to answer that challenge.
It's comfortable to assume that death will arrive at a convenient time, but that's seldom how it works out.