Welcome to a world where caring for people can mean juicy profits, for some.

This is not a post that I can say much about (altho’ I’m not known for being compromised in the mouth department), because when I read the article in the Guardian, I can honestly say that I felt sick.

Care homes: private equity firms scent new profits

Read the Guardian article here, and decide for yourself.

It’s just not right, it’s just not fair, and we’re not all in this together – the only people in this are vulnerable older people in need of care.

Stuart Quin, a director of British private equity group 3i, said: “We are on the look-out for opportunities, particularly where we can charge a premium for specialist services in areas such as learning difficulties, dementia, brain injuries and Huntington’s disease.

It stinks.

Advertisements

1 Comment

Filed under care

One response to “Welcome to a world where caring for people can mean juicy profits, for some.

  1. Lex

    “we can charge a premium”

    Says it all. Urgh.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s