The story at the link below illustrates one of the fundamental problems with the state of nursing home care in North Carolina and elsewhere in America. Clearly, sufficient profits exist to pay for the quality and quantity of staff necessary to avoid nursing home abuse and neglect. This article deals with a large nursing home company, Atria Senior Living. It is owned by a large Wall-Street investment fund (Lazard) that manages more than $140 billion. While Atria and Lazard rake in billions, many Atria workers who spend their lives caring for fragile and elderly seniors are earning poverty wages. What could be more important than paying sufficient wages to a sufficient number of these "front line" caregivers? Who would you want caring for your elderly family member? I understand "through the grapevine" that, in 2006, Lazard's CEO earned nearly $23 million; and currently has a net worth of more than $2 billion. Atria facility workers, on the other hand, make about $8 to $10 an hour. Atria Senior Living is one of the largest senior living providers in the country, with more than 130 facilities in 27 states. The actual article can be read at: http://www.earthtimes.org/articles/show/ healthcare-activists-call-on-lazard-affiliated-atria-senior- living-to-stop,259185.shtml
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