As many people know, the nursing home chain, Manor Care, was recently purchased for a very large sum of money. The reports indicate that the CEO of Manor Care, Paul Ormond, would receive between $118 and $186 million dollars as a result of the buy-out. Toby S. Edelman of the Center for Medicare Advocacy and the California Advocates for Nursing Home Reform has had an interesting inquiry about what effects this amount of money could have on staffing for better care in nursing homes if it were used to hire nurses and nurse aides
Mr. Edelman figured that “Using federal wage estimates for nursing home workers, we calculated that Manor Care’s 278 nursing homes could hire an additional 5346 certified nurse aides or an additional 2198 registered nurses if $118,000,000 were spent on staff (19.2 aides or 7.9 RNs at each Manor Care nursing home). If Mr. Ormond’s $186,000,000 windfall were spent on staff, Manor Care could hire an additional 8427 certified nurse aides or an additional 3464 RNs (30.3 CNAs or 12.5 RNs at each Manor Care nursing home).”
When the federal government has estimated that over 90% of nursing homes do not have sufficient staff to care for residents, this is an interesting analysis that continues to show that nursing homes place profits over people.
For more information on this subject matter, please refer to the section on Medical Malpractice and Negligent Care.