Private equity pursues profits in keeping the elderly at home

private-equity-sector150PHILADELPHIA: “I had lost my mind,” she recalled, sitting on her couch in a pink velour robe. “I couldn’t keep up my house.”

For Americans who find themselves in this situation, the next stop is often a traditional nursing home. Ms. Malveaux’s son took her instead to visit an InnovAge day center.

The $9 million building south of downtown Denver is designed to calm people with dementia. It has subdued lighting and winding hallways that encircle the first floor like a running track and discourage “exit-seeking behaviours,” where patients search for ways out of a building…

Full story covered in the Seniors Housing & Healthcare Trends.