Strange Tony,
People are waking up to the damage done by financial rapscallions regarding hospice ownership.
The Center for Economic Policy and Research published a report titled "Preying on the Dying: Private Equity Gets Rich in Hospice Care."
The American Prospect ran a story "Born to Die" about unethical and illegal hospice practices employed by hospice operators, many owned by financial rapscallions.
Two books on the subject of private equity plundering have or will hit the store shelves. One is by Gretchen Morgenson and the other by Brendan Ballou.
NPR's Fresh Air interviewed Morgenson on how financial rapscallions increase the income gap. Economics and Beyond interviewed Ballou about the harm private equity firms do in the U.S.
An article in the New York Times tackles private equity's gutting of America. It warms my hospice heart to see people waking up. They say it happens slowly and then all at once.
Generic Hospice started as an outlet for executive shenanigans inside Gentiva. It expanded to financial rapscallions once they became our majority owner in June 2018. It's been a long five years.
I hope all this attention results in real change, i.e. reigning in bad actor hospice owners. That's my prayer regarding hospice predators.
Anonymous
Former Gentiva employee in Arkansas said:
ReplyDeleteWhen quality people leave on a consistent basis corporate needs to see what the problems are and fix them asap.
Employees are a great asset to a company but when they are overworked, underpaid and not appreciated they will leave. Corporate needs to make changes regarding how things are running.
Pros
None
Cons
Benefits, pay, not a culture of compassion
RN Case Manager in North Carolina said:
ReplyDeletemultiple management changes over the past year. Frequent RN turnover, poor communication and poor management. Heavy caseloads. Work cliques. Management does not like for their employees to have a voice. Caseloads continue to increase despite employees voicing concern. RN case managers continue to leave due to being overworked. Management does not take time to get to know employees, management is unwilling to make changes that will create a better work environment.
Pros
Autonomy
Cons
Poor management, poor communication, heavy caseloads, more frequent weekends on call, maliciousness
RN Case Manager stated regarding Gentiva:
ReplyDeletePros
Somehow, they have managed to employ some very caring, dedicated employees who truly care about their patients and peers. Sadly-everyone is so ridiculously overworked, there is little time to spend with your patients, peers, or help each other.
Cons
Where to start? This is a company that cares about profit, and little, if anything else. Just like with their patients-they will say anything to get you in the door, then leave you high and dry. Require you to care for patients over a huge service area, manage a ridiculous and unsafe number of patients, force you to work overtime, on call, do admissions. There is zero recognition for hard work and dedicated staff. Will lie to your face and cover for employees not doing their job. Benefits are a joke-worst coverage/highest cost I have ever paid for health insurance. Covers primary care preventative only unless you reach entire out of pocket deductible. No urgent cares “in network” within an hour of me. No one near me takes their dental-not even any of the people listed on their site.
Advice to Management
Where would I even start? Valuing your employees by giving them a manageable workload, listening to suggestions, and caring about patient care and safety more than profit would be a nice start
Georgia RN had this to say about Gentiva:
ReplyDeleteCase load, upper management out of touch, high turn over, unrealistic expectations, they will sell you a dream and put you in a nightmare