New report bolsters concerns voiced by SenWarren and BillPascrell about the private equity industry's predatory practices.
"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.
Private equity-owned home healthcare and hospice companies have also faced legal action from the federal government and states for over-billing Medicare and Medicaid.
Such a step, Noble argued, would allow the public to"know what entities are ultimately accountable for the care of their loved ones."
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