John, care should be a public good. But far too often, we’re seeing greedy investors buy out care facilities, resulting in worse care options for all of us.
70% of nursing homes across the country are owned by for-profit companies. Since private equity firms set their sights on nursing homes 10 years ago, we’ve seen evidence that their ownership has led to understaffing and a lower quality of care. We’re now seeing private equity firms trying to do the same to home care and child care agencies.
John, tell private equity firms to keep their hands off our care by signing our latest petition!
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Here’s the truth about the private equity model: they buy up companies and try to double or triple their investment in 4-7 years by slashing costs and worsening quality. Then, they sell the companies off, with no regard for the consumer. We’ve seen them do this with nursing homes – we can’t let them do it again.
We all depend on care. Access to childcare and home- and community-based care are crucial public services that we all will need at some point in life. Anything that prioritizes profit over the quality of care would have a detrimental effect on all of us.
If enough of us speak out against this, we can build a movement to protect our care. We need more long-term public investments in care to make sure families have access to care when and where they need it and care workers are paid a fair wage.
Now is the time we can stop this in its tracks. Don’t hesitate, John. Take action to keep profit out of care. [[link removed]]
We’re creating a better care system and that wouldn’t be possible without your support. Thank you for everything you do.
With care,
Nicole Jorwic, Chief of Campaigns & Advocacy
Caring Across Generations
A gift to Caring Across Generations helps us win affordable child care, paid leave, and accessible long-term home and community care for all. Because #CareCantWait for families in the U.S.
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