Fund the fight to protect patients and stop private equity’s destruction of home care now.
Private equity firms are taking control of home and community-based services. They are stripping money out of Medicaid programs, cutting corners, and leaving families without the care they need.
A mother with cerebral palsy in Buffalo recently lost nearly half of her home care aides after private equity-owned Public Partnerships LLC took over New York’s Medicaid program. Workers were not paid properly, hours were cut, and families were left scrambling to survive. Since the takeover, 80,000 people have been forced out of the program.
This is part of a larger crisis. AFR’s report, Wall Street on Your Doorstep: Protecting Home Care from Private Equity Abuses, shows how private equity now dominates large parts of disability and pediatric home care across the country. These firms cut staff, pay poverty wages, and extract millions in public Medicaid dollars through debt and financial tricks money that should be going to families and care workers.
The impact is harshest on people with physical, intellectual, and developmental disabilities and on children who need specialized care. Private equity-owned chains have a record of neglect and abuse in these services. Families lose their ability to choose caregivers, workers are pushed out, and patients are left without critical support.
AFR is leading the fight to stop Wall Street from destroying home care. We are exposing these abuses, building pressure in Washington, and demanding that care dollars go to workers and families, not Wall Street billionaires. But we cannot do this without you.
Contribute to Americans for Financial Reform and fund the fight to protect patients and stop private equity’s assault on home care now.
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