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Nursing Home Care Boom Fueled by Federal Funds
Washington AP reports a decade of federal dollars reshaping U S nursing homes from cold boxcar shelters to modern facilities. Medicare and Medicaid funding spurred a building surge, while critics warn payments outpace patient care and enforcement remains weak. The piece notes stock growth for chains like Four Seasons Extendicare and Healthcare, and cites concerns over conflicts of interest and uneven state inspections.
MENTIONED IN THIS ARTICLE
Washington
Minnesota
Edward Walker
American Nursing Home Association
Oklahoma
Walker
Extendicare
Oakland
Calif
Securities and Exchange Commission
Massachusetts
Medicare
New England
Travelers Insurance
Geri-Care
Federal Housing Administration
Ohio
Senate
Wisconsin
Milwaukee
Nashville
C. David Stringfield
Tennessee
American Medical Association
Knox County
Ind. Medical Society
ANHA
America