Government moves to limit profits of private companies providing social services

PHOENIX: The Swedish Government has set a precedent for all other countries by limiting the profits of private companies providing social services.

Private industry accounts for around 15 percent of the sector. The new rules have yet to be defined and will not be in place until 2016 at the earliest. The details to be hammered out include how to ensure adequate staffing levels as well as possible suitability tests for private welfare players…

This trend is covered in detail in the Seniors Housing & Healthcare Trends.

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