Private Equity Pursues Profits in Keeping the Elderly at Home – The New York Times

Sarah Varney recently wrote about a private equity firm, InnovAge, that is trying to keep older people in their homes through a little-known Medicare program called PACE or the Program of All-Inclusive Care for the Elderly.  Until last year, federal law only allowed non-profit organizations to participate in the PACE program.  The program hopes to save millions of dollars by providing care that allows people to stay at home instead of a nursing home.  You can read the entire article here: Private Equity Pursues Profits in Keeping the Elderly at Home – The New York Timesganddaughter learning to embroider with granny