How can seniors in nursing homes be 'overcharged and treated like dirt' while Private Equity lenders make millions bankrupting the facility?
The super-rich have rigged the system to exploit seniors and nursing homes. Grandma and grandpa pay for their greed with their misery. Follow the money to see how the system has beedn rigged.
Who deregulated nursing homes? Who's blocking measures to improve nursing home care? How much do billionaire nursing home owners donate to Republicans? What are the new nursing home rules President Biden has proposed to improve eldercare? How do you 'follow the money' behind a scheme? Check this map.
Vulnerable seniors exploited
“Something has got to change,” said Charlie Kukuczka, recalling his 94-year-old mother’s plight was abruptly uprooted from the Atrium Health and Senior Living facility outside Weston, Wisconsin. “You can’t just overcharge… and treat people like dirt. A lot of people were shoved around like old shoes,” recalled Kukuczka. “They were traumatized. They didn’t tell them where they were going. They just woke them up and said, ‘You’re moving.’”
The episode was “heart-breaking,” said Barb Plautz, a beautician at the facility. Some of the residents, she said, “didn’t have jackets. It was cold outside. They were crying. They didn’t know why they were being kicked out.”
Greed can kill
What does the plight of 94 year old Agnes Kukuczka have to do with Marc Rowan worth $4 billion dollars?
Atrium had borrowed money from a company called MidCap Financial, an affiliate of private equity giant Apollo Global Management which is headed by Marc Rowan.
Trump Victory, which raises money for the president and the Republican Party, received some of its largest billionaire contributions from Apollo Global Management cofounder Marc Rowan and his wife, who gave $1 million.
The Trump Administration’s Deregulation of Nursing Homes Leaves Seniors and Disabled at Higher Risk - CAP
Republicans reject request to investigate nursing homes - Des Moines Register
Republican demand tax cuts for billionaires and defunding the IRS which catches wealthy tax dodgers.
So you still thinking voting doesn't matter? Remember your vote elects Democrats to enforce nursing home safety standards or Republicans who weaken the rules and pander to their wealthy donors. Elections do have consequences!
Private equity-associated lender helped precipitate a nursing-home implosion
"Advocates are pushing for greater transparency in how nursing homes spend the billions of dollars they get each year from Medicaid and Medicare. They want to lift the veil on the actual costs of care to expose nursing homes that do business with other companies that they own or control to pad their profits."- Politico.
Nursing homes face minimum staff rule for first time. The Biden-Harris administration released a proposed rule after decades of complaints about poor care. The proposed rule requires the nation’s nursing homes to hire minimum numbers of front-line caregivers, a long-anticipated response to decades of complaints about neglect and abuse in an industry that critics say is unprepared for the tsunami of seniors heading its way from the baby boom. Washington Post
Learn to follow the money
Why is grandma suffering while private equity managers keep getting richer? Why are nursing homes being forced to close while Republicans push for cuts to Medicare and Social Security? Why do Republicans want to make it harder for you to vote? It's not hard.
Start by following the money. Who profits? Who suffers? How has the system been rigged? Where did political donations go? What does the donor get in return for the donation that will make him richer?
I created the Nursing Home Exploitation relationship map with the free Kumu app this approach.
I used the "Private equity-associated lender helped precipitate a nursing-home implosion" article by Politico which was produced in partnership with the McGraw Center for Business Journalism at the Craig Newmark Graduate School of Journalism at the City University of New York. We used Open Secrets to track Marc Rowan's political donations.
Learn to follow the money to see how you're being bamboozled and being ripped off at the same time. Do it for grandma.
TakeAway: Elections have consequences. Next time, vote for President Biden and Democrats to protect seniors.
This map can be freely shared with this link https://embed.kumu.io/7599c66747728b8ab0548afe7488229c
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